Purchase of insurance; early termination or return of items; late fees

O.C.G.A. § 10-1-685, under LEASE-PURCHASE AGREEMENTS.

O.C.G.A. § 10-1-685

(a) A lessor shall not require the purchase of insurance by the lessee from the lessor of a leased item. (b) A lessor shall not impose a penalty for early termination of a lease-purchase agreement or for the return of an item at any point. (c) A lessor shall not impose a fee for in-home collection of a payment unless the lessee has expressly agreed to the fee and the amount of the fee is disclosed. (d) A lessor shall not impose a fee for picking up rental property should the lessee choose to terminate the lease. (e) A lessor shall not impose a fee for making a late payment except the charge for reinstatement as established in Code Section 10-1-686. History. Code 1981, § 10-1-685, enacted by Ga. L. 1985, p. 1341, § 1.