WILLIAM DONALD SCHAEFER, Governor Ch. 620

(9)  (I) A STATEMENT IDENTIFYING THE LESSOR AS THE
PARTY RESPONSIBLE FOR MAINTAINING OR SERVICING THE RENTAL
PROPERTY WHILE IT IS BEING RENTED;

(II)  A DESCRIPTION OF THAT RESPONSIBILITY; AND

(III)  A STATEMENT THAT IF ANY PART OF A
MANUFACTURER'S EXPRESS WARRANTY COVERS THE RENTAL PROPERTY AT THE
TIME THE CONSUMER ACQUIRES OWNERSHIP OF THE RENTAL PROPERTY, IT
SHALL BE TRANSFERRED TO THE CONSUMER, IF ALLOWED BY THE TERMS OF
THE WARRANTY;

(10)  THE DATE OF CONSUMMATION AND THE IDENTITIES OF
THE LESSOR AND CONSUMER;

(11)  A STATEMENT THAT THE CONSUMER MAY TERMINATE THE
RENTAL-PURCHASE AGREEMENT WITHOUT PENALTY BY VOLUNTARILY
SURRENDERING OR RETURNING THE RENTAL PROPERTY IN GOOD REPAIR,
NORMAL WEAR AND TEAR EXCEPTED, UPON EXPIRATION OF ANY RENTAL TERM
AND PAYMENT OF ANY PAST DUE RENTAL PAYMENTS;

(12)  NOTICE OF THE CONSUMER'S RIGHT TO REINSTATE AN
AGREEMENT AS PROVIDED IN § 12-1106 OF THIS SUBTITLE; AND

(13)  ANY OTHER CHARGES, INCLUDING REINSTATEMENT FEES,
DAMAGE FEES, AND PICKUP FEES.

(B) COMPLIANCE WITH THE FEDERAL CONSUMER CREDIT PROTECTION
ACT SATISFIES THE REQUIREMENTS OF THIS SECTION.

(B) A LESSOR SHALL PLACE ON PROPERTY WHICH IS TO BE LEASED
AS A PART OF A RENTAL-PURCHASE AGREEMENT AND IS DISPLAYED IN THE
LESSOR'S PLACE OF BUSINESS A TAG WHICH SHALL INDICATE:

(1)  THE NUMBER AND AMOUNT OF INDIVIDUAL RENEWAL
PAYMENTS NECESSARY TO PURCHASE THE PROPERTY;

(2)  THE TOTAL AMOUNT NECESSARY TO PURCHASE THE
PROPERTY; AND

(3)  WHETHER THE PROPERTY IS NEW OR USED.
12-1105.

A RENTAL-PURCHASE AGREEMENT MAY NOT CONTAIN:

(1)  A CONFESSION OF JUDGMENT;

(2)  A NEGOTIABLE INSTRUMENT;

(3)  A SECURITY INTEREST OR ANY OTHER CLAIM OF A
PROPERTY INTEREST IN ANY GOODS EXCEPT THE RENTAL PROPERTY

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