Tennessee Realtor State Practice Exam 2025 - Free Real Estate Practice Questions and Study Guide

Question: 1 / 400

In Tennessee, how many days does a buyer have to cancel a contract after signing?

5 days.

7 days.

10 days.

In Tennessee, a buyer typically has a period of 10 days to cancel a contract after signing, particularly when it comes to contracts involving certain types of property or transactions that are covered by the state’s real estate laws. This timeframe allows the buyer to review the terms, ensure that all disclosures have been made, and secure any necessary financing or inspections. This cancellation right is designed to protect buyers by giving them a reasonable amount of time to reconsider their decision and ensure they feel confident about their purchase. It’s important for buyers to understand these rights clearly, as they can safeguard against hasty decisions in a significant financial commitment like real estate.

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14 days.

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