Price cards.
Each item displayed or offered under a lease-purchase agreement shall bear a tag or card that indicates: The cash price of the item; The amount of the periodic payment; The total number and total amount of periodic payments necessary to acquire ownership; and Whether the item is new or previously rented. Notwithstanding the provisions of this section, a lessor may make the required disclosures in the form of a list or catalog which is readily available to a consumer if displaying a tag would be impractical due to the size of the merchandise. In addition, a lessor may make the required disclosures in the form of a list or catalog if the merchandise displayed can be purchased in a credit transaction or if the merchandise displayed represents only a sample of the merchandise available under a lease-purchase agreement.
Annotations
Apr. 13, 2002, D.C. Law 14-99, § 12, 49 DCR 1000
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.