Tennessee wholesaling law · checked October 21, 2026

Is wholesaling legal in Tennessee?

What Tennessee law actually says

Tennessee's 2025 act defines wholesaling as assigning an equitable interest for a higher price. Before executing the contract, the wholesaler must disclose in writing to the seller the intent to market the equitable interest, and the disclosures must appear in bold, large font, in the written agreement. The wholesaler must also give the seller the effective date of any assignment at least 3 business days before it takes effect, and disclose the nature of the equitable interest in writing to any subsequent purchaser or assignee.

Do I need a license to wholesale in Tennessee?

No. Tennessee asks for written disclosure, not a license. Yes — with written disclosures, in bold, inside the contract itself. Tennessee's 2025 law wants the seller told before signing that you intend to market your equitable interest, and told the assignment date at least 3 business days ahead.

Your non-negotiables in Tennessee

• Before the contract is signed: disclose in writing to the seller your intent to market your equitable interest — in bold, large font, inside the written agreement.
• Tell the seller the effective date of any assignment at least 3 business days before it takes effect.
• Disclose the nature of your equitable interest in writing to any subsequent purchaser or assignee.

Does double closing change it?

Tennessee's definition covers assigning an equitable interest for a higher price.

Scope: Assignments of equitable interests in Tennessee real estate. Cancellation: No cancellation window in the act; suit must be commenced within 2 years of contract execution. Source: official text / regulator page.