WILLIAM DONALD SCHAEFER, Governor Ch. 620

(5) A "CREDIT SALE", AS DEFINED IN 12 C.F.R. §
226.2(A)(16) AND 15 U.S.C. § 1602 OF THE FEDERAL CONSUMER CREDIT
PROTECTION ACT; OR

(6) A "CONSUMER LEASE", AS DEFINED IN 12 C.F.R. §
213.2(A)(6) AND 15 U.S.C. § 1667 OF THE FEDERAL CREDIT PROTECTION
ACT.

(B) THIS SUBTITLE DOES NOT APPLY TO:

(1)  A RENTAL-PURCHASE AGREEMENT MADE PRIMARILY FOR
BUSINESS, COMMERCIAL, OR AGRICULTURAL PURPOSES, OR MADE WITH
GOVERNMENTAL AGENCIES, INSTRUMENTALITIES, OR ORGANIZATIONS;

(2)  A RENTAL OF A SAFE DEPOSIT BOX;

(3)  A LEASE OR BAILMENT OF PERSONAL PROPERTY THAT:

(I)  IS INCIDENTAL TO THE RENTAL OF REAL
PROPERTY; AND

(II)  PROVIDES THAT THE CONSUMER HAS NO OPTION
TO PURCHASE THE RENTED REAL PROPERTY; OR

(4)  A LEASE OF AN AUTOMOBILE.
12-1103.

(A)  (1) A LESSOR SHALL DISCLOSE TO A CONSUMER THE
INFORMATION REQUIRED UNDER THIS SUBTITLE.

(2) IN A TRANSACTION INVOLVING MORE THAN 1 LESSOR,
ONLY 1 LESSOR NEED MAKE THE DISCLOSURES REQUIRED . UNDER THIS
SUBTITLE, BUT ALL LESSORS SHALL BE BOUND BY THE DISCLOSURES MADE.

(B)  A LESSOR SHALL MAKE THE DISCLOSURES REQUIRED UNDER THIS
SUBTITLE ON OR BEFORE CONSUMMATION OF THE RENTAL-PURCHASE
AGREEMENT.

(C)  A LESSOR SHALL:

(1) MAKE THE DISCLOSURES REQUIRED UNDER THIS SUBTITLE
CLEARLY, CONSPICUOUSLY, AND IN WRITING;

(1)  MAKE THE DISCLOSURES REQUIRED UNDER THIS SUBTITLE
IN A WRITTEN FORM THAT IS SIMPLE AND UNDERSTANDABLE AND IS
WRITTEN OR TYPED IN A SIZE NOT LESS THAN 10 POINT TYPE;

(2)  MAKE THE DISCLOSURES REQUIRED UNDER THIS SUBTITLE
ON THE FACE OF THE RENTAL-PURCHASE AGREEMENT ABOVE THE CONSUMER'S
SIGNATURE LINE; AND

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