Rhode Island Statutes

§ 6-44-6 — § 6-44-6. Early purchase option.

Rhode Island·Title 6 Commercial Law – General Regulatory Provisions·Ch. 6-44 Rental Purchase Agreements

§ 6-44-6. Early purchase option.

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.

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Rhode Island § 6-44-6 (§ 6-44-6. Early purchase option.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 1989, ch. 481, § 1; P.L. 2014, ch. 528, § 31.

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