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<section article="gcl" article_name="Commercial Law" number="12-1103" title_number="12" title_name="Credit Regulations" subtitle_number="11" subtitle_name="Maryland Rental-Purchase Agreement Act">
  <level label="a">
    <level label="1">
      <text>A lessor shall disclose to a consumer the information required under this subtitle.</text>
    </level>
    <level label="2">
      <text>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.</text>
    </level>
  </level>
  <level label="b">
    <text>A lessor shall make the disclosures required under this subtitle before consummation of the rental–purchase agreement.</text>
  </level>
  <level label="c">
    <text>A lessor shall:</text>
    <level label="1">
      <text>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;</text>
    </level>
    <level label="2">
      <text>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;</text>
    </level>
    <level label="3">
      <text>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</text>
    </level>
    <level label="4">
      <text>Deliver a copy of the rental–purchase agreement and the summary of costs chart to the consumer.</text>
    </level>
  </level>
  <level label="d">
    <text>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.</text>
  </level>
</section>
