Consumer Leasing Act

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:administeredBy gptkb:Consumer_Financial_Protection_Bureau
gptkb:Federal_Reserve_Board
gptkbp:appliesTo leases with a total contractual obligation not exceeding $50,000 (as originally enacted)
leases longer than four months
personal property leases for personal, family, or household purposes
gptkbp:codifiedIn gptkb:15_U.S.C._§§_1667–1667f
gptkbp:compatibleWith leases to organizations
real property leases
leases for agricultural, business, or commercial purposes
gptkbp:dateEnacted 1976
gptkbp:enactedBy gptkb:Title_V_of_the_Truth_in_Lending_Act
gptkbp:enforcedBy gptkb:Federal_Trade_Commission
state attorneys general
https://www.w3.org/2000/01/rdf-schema#label Consumer Leasing Act
gptkbp:implementedIn gptkb:Regulation_M
gptkbp:protectedBy consumers leasing personal property
gptkbp:purpose to ensure meaningful disclosure of lease terms
gptkbp:regulates consumer leases
gptkbp:relatedTo gptkb:Consumer_Credit_Protection_Act
gptkb:Truth_in_Lending_Act
gptkbp:requires disclosure of conditions for termination
disclosure of lease costs
disclosure of payment terms
disclosure of penalties for default
disclosure of purchase options
gptkbp:bfsParent gptkb:Consumer_Financial_Protection_Bureau
gptkbp:bfsLayer 5