Title 6, Title 6 Law — General Regulatory Provisions

A rental purchase agreement may not contain a provision: (1) Requiring a confession of judgment; (2) Authorizing a lessor or an agent of the lessor to commit a breach of the peace in the repossession of property; or (3) Waiving a defense counterclaim or right the lessee may have …

(a) A lessee who fails to make timely lease payments has the right to reinstate the original rental purchase agreement without losing any rights or options previously acquired under the rental purchase agreement within three (3) lease terms after the expiration of the last lease …

A rental purchase agreement must provide that, at any time after the initial payment, the lessee may acquire ownership of the property by complying with the terms of an early purchase option that must be clearly set forth in the rental purchase agreement.

This chapter does not apply to: (1) Agreements for the rental of property in which the person who rents the property has no legal right to become the owner of the property at the end of the rental period; (2) A lease of a safe deposit box; (3) Commercial leases or leases entered …

(a) If an advertisement for a rental purchase agreement states the amount of any payment or states that any or no initial payment is required, the advertisement shall also clearly and conspicuously state the following items as applicable: (1) That the transaction advertised is a …

(a) A lessee who has suffered a loss due to a violation of this chapter by a lessor is entitled to recover from the lessor actual damages, reasonable attorney’s fees, and court costs. (b) A lessor shall not be held liable in any action brought under this section if he or she show…