# Commercial Law (GCL)

## Title 12. Credit Regulations

### Subtitle 11. Maryland Rental-Purchase Agreement Act

#### Section 12-1102

(a) A rental-purchase agreement that complies with this subtitle may not be deemed to be:

  (1) A "retail sale", as defined in Sec. 12-601(s) of this title;

  (2) An "installment sale agreement", as defined in Sec. 12-601(m) of this title; or

  (3) A "security interest", as defined in Sec. 1-201(37) of this article.

(b) This subtitle does not apply to:

  (1) A rental-purchase agreement made primarily for business, commercial, or agricultural purposes, or made with governmental agencies, instrumentalities, or organizations;

  (2) A rental of a safe deposit box;

  (3) A lease or bailment of personal property that:

    (i) Is incidental to the rental of real property; and

    (ii) Provides that the consumer has no option to purchase the rented real property; or

  (4) A lease of an automobile.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)