South Carolina § 37-2-713 Lessee's right to return property, continue rental, or purchase property before end of rental-purchase agreement.

South Carolina Statutes

§ 37-2-713 — Lessee's right to return property, continue rental, or purchase property before end of rental-purchase agreement.

South Carolina § 37-2-713

Title 37CONSUMER PROTECTION CODE

Ch. 2CREDIT SALES

This text of South Carolina § 37-2-713 (Lessee's right to return property, continue rental, or purchase property before end of rental-purchase agreement.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 37-2-713 (2026).

Text

In a consumer rental-purchase agreement, at any time after the lessee has made the first periodic payment, the lessee may:

(1)return the rented property to the lessor;

(2)continue making periodic payments or renewals as provided for in the agreement for the remaining term of the agreement; or (3) purchase the property by tendering fifty-five percent of the difference between the total of scheduled payments and the total amount paid on the account.

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In a consumer rental-purchase agreement, at any time after the lessee has made the first periodic payment, the lessee may: (1) return the rented property to the lessor; (2) continue making periodic payments or renewals as provided for in the agreement for the remaining term of the agreement; or (3) purchase the property by tendering fifty-five percent of the difference between the total of scheduled payments and the total amount paid on the account.