# Commercial Law (GCL)

## Title 12. Credit Regulations

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

#### Section 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 in English or in any other language used by the lessor in advertisements related to the rental-purchase transaction;

  (3) Make the disclosures required under this subtitle on the face of the rental-purchase agreement and summary of costs chart above the consumer's signature lines; and

  (4) Deliver a copy of the rental-purchase agreement and the summary of costs chart 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.

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