Section 646A.132 - Renegotiation or extension of lease-purchase agreement.

OR Rev Stat § 646A.132 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a) The addition or return of property in a multiple item agreement or the substitution of the lease property, if in either case the average payment allocable to a payment period is not changed by more than 10 percent;

(b) A deferral or extension of one or more periodic payments, or portions of a periodic payment;

(c) A reduction in charges in the lease or agreement; and

(d) A lease or agreement involved in a court proceeding.

(2) No disclosures are required for any extension of a lease-purchase agreement. [Formerly 646.257]