There is a newer version
of
this Section
2017 Maryland Code
Commercial Law
Title 12 - Credit Regulations
Subtitle 11 - Maryland Rental-Purchase Agreement Act
§ 12-1110.1. Recovery of property subject to rental-purchase agreement
Universal Citation: MD Comm L Code § 12-1110.1 (2017)
- (a) When action can be brought. -- A lessor may not bring a court action to recover property subject to a rental-purchase agreement until 15 days after the consumer has been sent notice of a default.
- (b) Notice of default. -- Notice of default sent by certified mail to the consumer's last known address constitutes notice.
- (c) Contents of notice. -- The notice shall include any amount the consumer must pay to reinstate the rental-purchase agreement, if applicable.
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
