Consumer Rental Purchase Agreement Act
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Consumer Rental Purchase Agreement Act report together with supplemental views (to accompany H.R. 1701) (including cost estimate of the Congressional Budget Office) by United States. Congress. House. Committee on Financial Services.

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Published by U.S. G.P.O. in [Washington, D.C .
Written in English

Subjects:

  • Lease and rental services -- Law and legislation -- United States

Book details:

Edition Notes

SeriesRept. / 107th Congress, 2d session, House of Representatives -- 107-590
The Physical Object
Paginationv. ;
ID Numbers
Open LibraryOL14529101M
OCLC/WorldCa50429260

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Get this from a library! Consumer Rental Purchase Agreement Act: report together with minority views (to accompany H.R. ) (Including cost estimate of the Congressional Budget Office).. [United States. Congress. House. Committee on Financial Services.]. Aug 13,  · Jun 20, S. (th). A bill to require meaningful disclosures of the terms of rental-purchase agreements, including disclosures of all costs to consumers under such agreements, to provide certain substantive rights to consumers under such agreements, and for other purposes. In kauainenehcp.com, a database of bills in the U.S. Congress. Consumer Rental Purchase Agreement Act, shall be set forth in not less than eight-point standard type or such similar type as prescribed in rules and regulations adopted and promulgated by the department. (9) Every consumer rental purchase agreement shall contain, immediately above or adjacent to. th Congress Rept. HOUSE OF REPRESENTATIVES 2d Session Part 2 ===== CONSUMER RENTAL PURCHASE AGREEMENT ACT _____ September 9, Committed to the Committee of the Whole House on the State of the Union and ordered to be printed _____ Mr. Sensenbrenner, from the Committee on the Judiciary, submitted the following R E P O R T together with DISSENTING AND .

Sep 10,  · This Act may be cited as the Consumer Rental Purchase Agreement Act. 2. Findings and declaration of purpose (a) Findings. The Congress finds as follows: (1) The rental-purchase industry provides a service that meets and satisfies the demands of many consumers. (2). obligated on a consumer rental purchase agreement. 6. "Lessor" includes a person who regularly provides the use of property through consumer rental purchase agreements and to whom rental payments are initially payable on the face of a consumer rental purchase agreement. Inapplicability of other laws. Get this from a library! Consumer Rental Purchase Agreement Act: report together with supplemental views (to accompany H.R. ) (including cost estimate of the Congressional Budget Office).. [United States. Congress. House. Committee on Financial Services.; United States. Congress. House. Committee on the Judiciary.]. Sep 18,  · This bill would add to these provisions regulating rental-purchase agreements provisions requiring a lessor to provide clear and prominent notice to a consumer and obtain express consent from the consumer at the time the lessor and the consumer enter into a rental-purchase agreement for an electronic device if that device has geophysical.

Consumer Rental-Purchase (Rent-To-Own) Agreements Pauline Smale Economic Analyst Government and Finance Division Summary A rent-to-own arrangement provides an alternative to purchasing merchandise. In a rent-to-own transaction (also known as a rental-purchase) the consumer agrees to a self-renewing weekly or monthly lease to rent a merchandise. SOUTH CAROLINA Consumer Rental-Purchase Agreements South Carolina Code of , as amended. Added by Laws , S.B. , approved May 31, , effective January 1, Sec. In this Part: (1)"Advertisement" means a commercial message in any medium that promotes, directly or indirectly, a consumer rental-purchase agreement. MICHIGAN Rental-Purchase Agreement Act Michigan Compiled Laws, , as amended. Laws , P.A. , approved December 28, , effective March 30, Sec. Short Title. This act shall be known and may be cited as the "rental-purchase agreement act". . Many of you may be wondering about the implication of the new Consumer Protection Act (“The Act”) on your Lease Agreement, whether Landlord or Tenant. The Act introduced some important changes to the law governing Lease agreements when it came into operation on the 1st April