Consumer Leasing Act

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Key Terms
C

Consumer Leasing Act

Definition

[15 U.S.C. § 1667 et seq.] Federal statute protecting lessees from misleading statements and advertisements made by lessors by requiring information such as rent, payment dates, lease-termination details, and warranties to be disclosed in covered personal-property leases.

Related rules

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— Applebaum v. Nissan Motor Acceptance Corporation

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— Curry Corp. v. Mooro

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