Maryland Statutes

§ 12-1108

Maryland § 12-1108
JurisdictionMaryland
Article gclCommercial Law
Title12

This text of Maryland § 12-1108 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Commercial Law § 12-1108 (2026).

Text

(a)When a rental-purchase agreement is satisfied and replaced by a new rental-purchase agreement between the lessor and consumer, the lessor and consumer shall negotiate a new rental-purchase agreement requiring new disclosures.
(b)The following do not require the negotiation of a new rental-purchase agreement:
(1)The addition or return of rental property under a multiple-item agreement or the substitution of the rental property, if in either case the average payment allocable to a payment period is not changed by more than 25 percent;
(2)A deferral or extension of 1 or more rental payments, or portions of a rental payment;
(3)A reduction in charges in the rental-purchase agreement; or
(4)A rental-purchase agreement involved

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Nearby Sections

15
§ 12-1001
§ 12-1001
§ 12-1002
§ 12-1002
§ 12-1003
§ 12-1003
§ 12-1004
§ 12-1004
§ 12-1005
§ 12-1005
§ 12-1006
§ 12-1006
§ 12-1007
§ 12-1007
§ 12-1007.1
§ 12-1007.1
§ 12-1008
§ 12-1008
§ 12-1009
§ 12-1009
§ 12-101
§ 12-101
§ 12-101.1
§ 12-101.1
§ 12-1010
§ 12-1010
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§ 12-1012
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Bluebook (online)
Maryland § 12-1108, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/12-1108.