Utah § 15-8-10 Renegotiations and extensions.

Utah Statutes

§ 15-8-10 — Renegotiations and extensions.

Utah § 15-8-10

Title 15Contracts and Obligations in General

Ch. 15-8Utah Rental Purchase Agreement Act

This text of Utah § 15-8-10 (Renegotiations and extensions.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 15-8-10 (2026).

Text

(1)A renegotiation shall occur when an existing rental purchase agreement is satisfied and replaced by a new agreement entered into by the same lessor and consumer. A renegotiation shall be considered a new agreement requiring new disclosures. However, events such as the following may not be treated as renegotiations:

(1)(a) the addition or return of property in a multiple item agreement or the substitution of the rental property, if in either case the previous periodic payment allocable to a rental period does not change by more than 25%;

(1)(b) a deferral or extension of one or more periodic payments, or any portion of a periodic payment;

(1)(c) a reduction in charges in the agreement; or

(1)(d) any court proceedings involving an agreement.

(2)Disclosures are not required for any exte

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(1) A renegotiation shall occur when an existing rental purchase agreement is satisfied and replaced by a new agreement entered into by the same lessor and consumer. A renegotiation shall be considered a new agreement requiring new disclosures. However, events such as the following may not be treated as renegotiations:

(1)(a) the addition or return of property in a multiple item agreement or the substitution of the rental property, if in either case the previous periodic payment allocable to a rental period does not change by more than 25%;
(1)(b) a deferral or extension of one or more periodic payments, or any portion of a periodic payment;
(1)(c) a reduction in charges in the agreement; or
(1)(d) any court proceedings involving an agreement.
(2) Disclosures are not required for any extension of a rental purchase agreement.