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2020 Maryland Statutes
Commercial Law
Title 12 - Credit Regulations
Subtitle 11 - Maryland Rental-Purchase Agreement Act
Section 12-1110.1 - Recovery of Property Subject to Rental-Purchase Agreement

Universal Citation:
MD Commercial Law Code Ann. § 12-1110.1 (2020)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

    (a)    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 sent by certified mail to the consumer’s last known address constitutes notice.

    (c)    The notice shall include any amount the consumer must pay to reinstate the rental–purchase agreement, if applicable.

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