Florida Statutes Part X - Rental-purchase Agreements (Ss. 559.9231-559.9241)

• 559.9231 - Short Title.
  This act may be cited as the “Rental-Purchase Agreement Act.”History.—s. 1, ch. 88-69.
• 559.9232 - Definitions; Exclusion Of Rental-purchase Agreements From Certain Regulations.
  (1) As used in this act, the term:(a) “Cash price” means the price at which the lessor, in the ordinary course of business, would offer to sell...
• 559.9233 - Rental-purchase Agreements.
  (1) A rental-purchase agreement must be in writing, must be signed by both the lessor and the lessee, and must be completed as to all essential...
• 559.9234 - Prohibited Rental-purchase Agreement Provisions.
  A rental-purchase agreement may not:(1) Require garnishment of the lessee’s wages or grant the lessor a power of attorney for the lessee or require the lessee...
• 559.9235 - Reinstatement.
  (1) A lessee who fails to make timely rental payments has the right to reinstate the original rental-purchase agreement without losing any rights or options previously...
• 559.9236 - Receipts.
  (1) If a lessee so requests, the lessor must give or forward to the lessee a receipt for any payment made in cash. The lessor must...
• 559.9237 - Rental Renewal Charges; Attorney’s Fees; Court Costs.
  A rental-purchase agreement may provide for payment by the lessee of a charge for failure to make a timely rental renewal payment, which charge may...
• 559.9238 - Willful Violations.
  Any person who willfully and intentionally violates any provision of this act is guilty of a misdemeanor of the second degree, punishable by fine only...
• 559.9239 - Damages.
  In case of a violation of a provision of this act with respect to a rental-purchase agreement, the lessee under the rental-purchase agreement may recover...
• 559.9240 - Waiver.
  Any waiver by the lessee of any provisions of this act or of any remedies granted to the lessee by this act is unenforceable and...
• 559.9241 - Statute Of Limitations.
  An action may not be brought under this act more than 5 years after the occurrence of the alleged violation.History.—s. 11, ch. 88-69.

Last modified: September 23, 2016