Current as of January 01, 2020 | Updated by FindLaw Staff
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(A) A lease-purchase agreement shall not contain a provision that requires a lessee to do any of the following:
(1) Execute a warrant of attorney to confess judgment;
(2) Authorize the lessor or an agent of the lessor to commit a breach of the peace in the repossession of property that is the subject of the lease-purchase agreement;
(3) Waive a defense, counterclaim, or any right the lessee has against the lessor or an agent of the lessor.
(B) No lease-purchase agreement shall provide that mere failure to return property constitutes probable cause for a criminal action.
Cite this article: FindLaw.com - Ohio Revised Code Title XIII. Commercial Transactions § 1351.03 - last updated January 01, 2020 | https://codes.findlaw.com/oh/title-xiii-commercial-transactions/oh-rev-code-sect-1351-03/
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