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Current as of January 01, 2025 | Updated by Findlaw Staff
A rental purchase agreement may not contain:
(1) a confession of judgment;
(2) a negotiable instrument;
(3) a claim of a property interest in any goods except those goods delivered by the lessor pursuant to the rental purchase agreement;
(4) a wage assignment;
(5) a waiver by the consumer of claims or defenses;
(6) a provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises or to commit any breach of the peace while repossessing rented property; or
(7) a provision mandating that the consumer purchase from the lessor insurance or a liability damage waiver for the merchandise.
Cite this article: FindLaw.com - Utah Code Title 15. Contracts and Obligations in General § 15-8-7. Prohibited practices - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-15-contracts-and-obligations-in-general/ut-code-sect-15-8-7/
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.
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