General Disclosure Requirements

(a)In General. The merchant under a rental-purchase agreement shall disclose in a clear and conspicuous manner to the consumer the information required by §§ 57104, 57105 and 57106 of this Chapter. In an agreement involving more than one

(1)merchant, only one

(1)merchant is required to make the disclosures.

(b)Disclosure. The disclosures required under §§ 57104 and 57105 of this Chapter and the agreement provisions required to be included under § 57106 of this Chapter shall be made or included.

(1)at or before the date of consummation of the rental-purchase agreement;

(2)clearly and conspicuously in writing and in a form that the consumer may keep; and

(3)in a case of disclosures required under § 57104 of this Chapter, segregated from all other terms, data or information provided to the consumer.

(c)Inaccuracy. If a disclosure required to be made by a merchant to a consumer under § 57104 of this Chapter becomes inaccurate as the result of any mutual written agreement between the merchant and such consumer occurring after delivery of the required disclosure to such consumer under this Chapter, the resulting inaccuracy is not a violation of this Chapter. COL120106 CH. 57 RENTAL PURCHASE AGREEMENTS