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Current as of January 01, 2025 | Updated by Findlaw Staff
A. Lease-purchase agreements that comply with this chapter are not governed by the laws relating to:
1. A home solicitation sale as defined in § 59.1-21.2;
2. A transaction described in § 6.2-311; or
3. A security interest as defined in subdivision (35) of § 8.1A-201.
B. This chapter does not apply to the following:
1. Lease-purchase agreements primarily for business, commercial, or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;
2. A lease of a safe deposit box;
3. A lease or bailment of personal property which is incidental to the lease of real property, and which provides that the consumer has no option to purchase the leased property; or
4. A lease of an automobile.
Cite this article: FindLaw.com - Virginia Code Title 59.1. Trade and Commerce § 59.1-207.19. Inapplicability of other laws; exempted transactions - last updated January 01, 2025 | https://codes.findlaw.com/va/title-59-1-trade-and-commerce/va-code-sect-59-1-207-19/
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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