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New York Consolidated Laws, Personal Property Law - PEP § 333. Pre-lease availability of sample form of agreement

Current as of January 01, 2021 | Updated by FindLaw Staff

1. The lessor of a motor vehicle shall make a blank sample copy of its current form of retail lease agreement readily available for examination by prospective lessees by:

(a) Furnishing it upon request prior to the consummation of a retail lease transaction; and

(b) Posting in its place of business a sign stating that a blank sample copy of its form of retail lease agreement is available upon request.

2. An assignee who has prepared a form of retail lease agreement that is used by a lessor shall provide the lessor with blank sample copies of that form of agreement which the lessor may use to comply with the delivery requirement imposed upon it by paragraph (a) of subdivision one of this section. An assignee who does so shall have no liability if the lessor to whom those materials are provided fails to comply with this section.

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Cite this article: FindLaw.com - New York Consolidated Laws, Personal Property Law - PEP § 333. Pre-lease availability of sample form of agreement - last updated January 01, 2021 | https://codes.findlaw.com/ny/personal-property-law/pep-sect-333/

Read this complete New York Consolidated Laws, Personal Property Law - PEP § 333. Pre-lease availability of sample form of agreement on Westlaw

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