§ 12–1105
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 12-1105 (2026)
Title 12. Credit Regulations
Subtitle 11. Maryland Rental-Purchase Agreement Act
§ 12–1105LinkCopy Citation
A rental-purchase agreement may not contain:
(1)
A confession of judgment;
(2)
A negotiable instrument;
(3)
A security interest or any other claim of a property interest in any goods except the rental property delivered by the lessor pursuant to the rental-purchase agreement;
(4)
A wage assignment;
(5)
A waiver by the consumer of claims or defenses; or
(6)
A provision authorizing the lessor or a person acting on the lessor’s behalf to enter upon the consumer’s premises or to commit any breach of the peace in the repossession of rental property.