2013 Maryland Code
COMMERCIAL LAW
§ 12-1103 - Disclosures -- In general
§12-1103.
(a) (1) A lessor shall disclose to a consumer the information required under this subtitle.
(2) In a transaction involving more than 1 lessor, only 1 lessor need make the disclosures required under this subtitle, but all lessors shall be bound by the disclosures made.
(b) A lessor shall make the disclosures required under this subtitle before consummation of the rental-purchase agreement.
(c) A lessor shall:
(1) Make the disclosures required under this subtitle in a written form that is simple and understandable and is written or typed in a size not less than 10 point type;
(2) Make the disclosures required under this subtitle on the face of the rental-purchase agreement above the consumer’s signature line; and
(3) Deliver a copy of the rental-purchase agreement to the consumer.
(d) If a disclosure becomes inaccurate as a result of any act, occurrence, or agreement by the consumer after delivery of the rental property, the resulting inaccuracy is not a violation of this subtitle.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
