Maryland Code, Commercial Law § 12-1108
Current as of December 31, 2021 | Updated by FindLaw Staff
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(a) When a rental-purchase agreement is satisfied and replaced by a new rental-purchase agreement between the lessor and consumer, the lessor and consumer shall negotiate a new rental-purchase agreement requiring new disclosures.
(b) The following do not require the negotiation of a new rental-purchase agreement:
(1) The addition or return of rental property under a multiple-item agreement or the substitution of the rental property, if in either case the average payment allocable to a payment period is not changed by more than 25 percent;
(2) A deferral or extension of 1 or more rental payments, or portions of a rental payment;
(3) A reduction in charges in the rental-purchase agreement; or
(4) A rental-purchase agreement involved in a court proceeding.
Yes, as a debarred person you may ask the debarring official to reconsider the debarment decision or to reduce the time period or scope of the debarment. However, you must put your request in writing and support it with documentation.
Cite this article: FindLaw.com - Maryland Code, Commercial Law § 12-1108 - last updated December 31, 2021 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-12-1108/
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