Statements (33)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:administeredBy |
gptkb:Federal_Reserve_Board
|
| gptkbp:appliesTo |
consumer leases
lessors |
| gptkbp:codifiedIn |
gptkb:12_CFR_Part_213
|
| gptkbp:enforcedBy |
gptkb:Consumer_Financial_Protection_Bureau
gptkb:Federal_Trade_Commission gptkb:Consumer_Leasing_Act |
| gptkbp:excludes |
leases for agricultural, business, or commercial purposes
leases over $50,000 (as of 2024, subject to adjustment) |
| https://www.w3.org/2000/01/rdf-schema#label |
Regulation M
|
| gptkbp:protectedBy |
consumers leasing personal property
|
| gptkbp:purpose |
to ensure meaningful disclosure of lease terms
|
| gptkbp:regulates |
credit practices in consumer leasing
|
| gptkbp:relatedTo |
gptkb:Regulation_Z
gptkb:Truth_in_Lending_Act gptkb:Consumer_Leasing_Act_of_1976 |
| gptkbp:requires |
disclosure of payment schedule
disclosure of early termination charges disclosure of insurance requirements disclosure of late payment charges disclosure of lease terms disclosure of liability at end of lease disclosure of maintenance responsibilities disclosure of purchase option terms disclosure of security deposit disclosure of wear and use standards itemization of gross capitalized cost statement of total payments |
| gptkbp:scope |
applies to leases of personal property for personal, family, or household purposes
|
| gptkbp:startDate |
October 1, 1996
|
| gptkbp:bfsParent |
gptkb:Consumer_Leasing_Act
|
| gptkbp:bfsLayer |
6
|