Real Property - As enacted, provides that a provision of a document requiring a transferor or transferee to pay a fee, charge, assessment, dues, contribution, deposit, or other amount to purchase, issue, reissue, maintain, or transfer a club membership that is related to the real property or the community in which the property is sited is not a transfer fee covenant. - Amends TCA Title 66.

SB 2273 amends Tennessee law to require real estate buyers who assign their purchase contracts (wholesalers) to provide sellers with at least five business days' notice before an assignment becomes effective. This increases the minimum notice period from three to five business days, directly affecting real estate buyers engaged in wholesaling and the sellers they work with. The bill modifies Tennessee Code Annotated, Title 66, Section 66-4-403(a)(1)(B), to extend the notice requirement for assignments of a buyer's interest. The change provides sellers with additional time to review assignment details before the transaction finalizes.