Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(a)(1) A lessor shall disclose to a consumer the information required under this subtitle.
(2) In a transaction involving more than 1 lessor, only 1 lessor need make the disclosures required under this subtitle, but all lessors shall be bound by the disclosures made.
(b) A lessor shall make the disclosures required under this subtitle before consummation of the rental-purchase agreement.
(c) A lessor shall:
(1) Make the disclosures required under this subtitle in a written form that is simple and understandable and is written or typed in a size not less than 10 point type;
(2) Make the disclosures required under this subtitle in English or in any other language used by the lessor in advertisements related to the rental-purchase transaction;
(3) Make the disclosures required under this subtitle on the face of the rental-purchase agreement and summary of costs chart above the consumer's signature lines; and
(4) Deliver a copy of the rental-purchase agreement and the summary of costs chart to the consumer.
(d) If a disclosure becomes inaccurate as a result of any act, occurrence, or agreement by the consumer after delivery of the rental property, the resulting inaccuracy is not a violation of this subtitle.
Cite this article: FindLaw.com - Maryland Code, Commercial Law § 12-1103 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-12-1103/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)