2014 New York Laws
GBS - General Business
Article 26 - (390 - 399-ZZZ) MISCELLANEOUS
399-W*2 - Notice requirements for renters of personal property.

NY Gen Bus L § 399-W*2 (2014) What's This?

* 399-w. Notice requirements for renters of personal property. 1. For the purposes of this section, the following terms shall have the following meanings:

(a) "Owner" shall include any person, partnership, firm, association, or corporation engaged in the business of renting personal property for profit.

(b) "Personal property" shall include but not be limited to tangible chattels used for personal, household, or business purposes but shall not include motor vehicles.

(c) "Rental agreement" shall mean the total legal obligation that results from a written rental contract between a person and the owner for the rental of personal property.

2. Any owner who rents personal property shall:

(a) conspicuously post a sign in a prominent and visible area in the place of business, measuring at least two feet by four feet in writing of at least thirty-six point print, with the following notice:

RENTAL INFORMATION

WARNING! Failure to return rented property pursuant to the terms of

the rental agreement may subject the renter to criminal

prosecution.

(b) include in all rental contracts, in writing in at least twelve point print, the following notice:

Failure to return rented property under the terms of this agreement

may subject the undersigned party(ies) to criminal prosecution.

3. This section shall not apply to: (a) rental purchase agreements as regulated by article eleven of the personal property law and (b) motor vehicle rentals under paragraph two of subdivision (a) of section one hundred ninety-eight-a and paragraph two of subdivision a of section one hundred ninety-eight-b of this chapter.

* NB There are 2 399-w's


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