Current through 2023-2024 Legislative Session Chapter 709
Section 10-1-685 - Purchase of insurance; early termination or return of items; late fees(a) A lessor shall not require the purchase of insurance by the lessee from the lessor of a leased item.(b) A lessor shall not impose a penalty for early termination of a lease-purchase agreement or for the return of an item at any point.(c) A lessor shall not impose a fee for in-home collection of a payment unless the lessee has expressly agreed to the fee and the amount of the fee is disclosed.(d) A lessor shall not impose a fee for picking up rental property should the lessee choose to terminate the lease.(e) A lessor shall not impose a fee for making a late payment except the charge for reinstatement as established in Code Section 10-1-686.