The Consumer Leasing Act (15 USC 1667 et. seq.) was passed to assure that meaningful and accurate disclosure of lease terms is provided to consumers before entering into a personal property lease. It applies to certain consumer leases of personal property. This form does NOT include such disclosures.
For any consumer lease subject to this Act, the lessor must disclose such information as the following:
" Description of property;
" Amount due at lease signing or delivery;
" Payment schedule and total amount of periodic payments;
" Disclosure of other anticipated charges during normal execution of the lease agreement;
" Total of payments;
" Payment calculation;
" Lease term;
" Early termination conditions and penalties;
" Maintenance responsibilities;
" Purchase option;
" Statement referencing "nonsegregated" disclosures;
" The right of appraisal;
" Liability at the end of the lease term;
" Fees and taxes;
" Insurance and warranties.
Title: Bexar Texas Personal Property Lease or Rental Agreement of Consumer Electronics, Home Appliances, and Accessories with Option to Purchase and Own — Lease or Rent to Own Description: Are you looking for a flexible and convenient option to acquire the latest consumer electronics, home appliances, and accessories in Bexar, Texas? Look no further than the Bexar Texas Personal Property Lease or Rental Agreement! This agreement offers individuals the opportunity to lease or rent various items with a future option to purchase and own them. With the Bexar Texas Personal Property Lease or Rental Agreement, you can access a wide range of high-quality and reliable consumer electronics, including smartphones, laptops, gaming consoles, and smart devices. Additionally, you can find an extensive selection of home appliances such as refrigerators, washing machines, dishwashers, air conditioners, and more. To add to your experience, a plethora of accessories like headphones, speakers, fitness trackers, and kitchen gadgets are also available for lease or rent. This lease or rent to own program is designed to suit your needs and budget. It allows you to enjoy the benefits of using the latest technology and appliances without the burden of making a large upfront purchase. The agreement offers flexible payment schedules, enabling you to make affordable monthly payments. Different types of Bexar Texas Personal Property Lease or Rental Agreements of Consumer Electronics, Home Appliances, and Accessories with Option to Purchase and Own may include: 1. Basic Consumer Electronics Lease or Rent to Own Agreement: This agreement covers smartphones, tablets, laptops, and other essential personal electronic devices. 2. Home Appliance Lease or Rent to Own Agreement: This agreement focuses solely on home appliances like refrigerators, washing machines, dishwashers, and more, allowing you to upgrade your living space with ease. 3. Comprehensive Consumer Electronics and Home Appliance Lease or Rent to Own Agreement: This agreement provides the option to lease or rent a combination of consumer electronics and home appliances, catering to all your technological and household needs. Regardless of the type of agreement, the Bexar Texas Personal Property Lease or Rental Agreement ensures that you have access to the latest, state-of-the-art products. Moreover, it offers the flexibility and freedom to upgrade, exchange, or return items if your preferences or requirements change over time. Don't miss out on the opportunity to enjoy cutting-edge technology and modern appliances without the burden of upfront costs. Explore the various types of Bexar Texas Personal Property Lease or Rental Agreements and start enjoying the benefits today!
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.