Florida Statute 521.004 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIII
REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS

Chapter 521
MOTOR VEHICLE LEASE DISCLOSURE

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F.S. 521.004

521.004 Disclosures.—A retail lessor must:

(1) Disclose to the retail lessee in the lease agreement in a separate blocked section, in capital letters of at least 12-point bold type, with the appropriate amounts specified, as follows:

THIS IS A LEASE AGREEMENT.
THIS IS NOT A PURCHASE AGREEMENT.

PLEASE REVIEW THESE MATTERS CAREFULLY AND SEEK INDEPENDENT PROFESSIONAL ADVICE IF YOU HAVE ANY QUESTIONS CONCERNING THIS TRANSACTION. YOU ARE ENTITLED TO AN EXACT COPY OF THE AGREEMENT YOU SIGN.

CAPITALIZED COST $

(Your total cost of goods, services, & fees.)

CAPITALIZED COST REDUCTION $

(Your total credits.)

ADJUSTED OR NET CAPITALIZED COST $

(Your net cost of goods, services, & fees.)

For purposes of this subsection, that portion of the disclosure stating the terms “capitalized cost,” “capitalized cost reduction,” and “adjusted or net capitalized cost,” and the explanations contained in the parentheticals, as well as their respective amounts, are not required to be disclosed if the terms “gross capitalized cost,” “capitalized cost reduction,” and “adjusted capitalized cost” and the descriptions and disclosures set forth and required by the federal Consumer Leasing Act, 15 U.S.C. s. 1667 et seq., and Federal Reserve Board Regulation M. 12 C.F.R. part 213, are set forth elsewhere in the lease agreement.

(2) Provide the retail lessee with a copy of the lease agreement.

History.—s. 4, ch. 95-350; s. 1, ch. 98-128; s. 1, ch. 2005-125.

F.S. 521.004 on Google Scholar

F.S. 521.004 on Casetext

Amendments to 521.004

Arrestable Offenses / Crimes under Fla. Stat. 521.004

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 521.004.

Annotations, Discussions, Cases:

Cases Citing Statute 521.004

Total Results: 13

Department of Children & Families v. Statewide Guardian Ad Litem Program

Court: Fla. Dist. Ct. App. | Date Filed: 2016-02-29T00:00:00-08:00

Citation: 186 So. 3d 1084, 2016 Fla. App. LEXIS 2968, 2016 WL 869317

Snippet: and-with whom the child shall live.”' § 39.521(4), Fla. Stat. (2015). Section 39.812, Florida Statutes

In Re: Amendments to the Florida Supreme Court Approved Family Law Forms

Court: Fla. | Date Filed: 2015-03-26T00:53:00-07:00

Snippet: - 521 - 4. Evaluation/Counseling. {Initial all

M.P. v. Department of Children & Family Services

Court: Fla. Dist. Ct. App. | Date Filed: 2013-02-15T00:00:00-08:00

Citation: 107 So. 3d 515, 2013 WL 561489, 2013 Fla. App. LEXIS 2381

Snippet: temporary physical custody of the children. See § 39.521(4), Fla. Stat. (2012) (“An agency granted legal custody

United States v. Stevens

Court: Fla. | Date Filed: 2008-10-30T00:53:00-07:00

Citation: 994 So. 2d 1062

Snippet: ACTIVITIES CAREFULLY CARRIED ON. Except as stated in §§ 521-4, one who carries on an ultrahazardous activity is

Courtesy Auto Group, Inc. v. Garcia

Court: Fla. Dist. Ct. App. | Date Filed: 2004-05-21T00:00:00-07:00

Citation: 874 So. 2d 1220, 2004 Fla. App. LEXIS 7073, 2004 WL 1123794

Snippet: and affirm the order of the trial court. Section 521.004(2), Florida Statutes (2000), requires that a retail…Courtesy Auto’s arguments and found that section 521.004 encompassed all of the documents that Ms. Garcia

State, Department of Children & Families v. Guardian Ad Litem of C.R.

Court: Fla. Dist. Ct. App. | Date Filed: 2003-10-03T00:00:00-07:00

Citation: 855 So. 2d 688, 2003 Fla. App. LEXIS 14914

Snippet: manner.” Id. at 495. DCF also relies upon section 39.521(4), Florida Statutes (2002), which gives it the authority

Dcfs v. Jc

Court: Fla. Dist. Ct. App. | Date Filed: 2002-09-23T00:53:00-07:00

Citation: 847 So. 2d 487

Snippet: and with whom the child shall live." § 39.521(4), Fla. Stat. (2000). It was pursuant to this grant

Department of Children & Family Services v. In the Interest of J.C.

Court: Fla. Dist. Ct. App. | Date Filed: 2002-09-23T00:00:00-07:00

Citation: 847 So. 2d 487, 2002 Fla. App. LEXIS 13830, 2002 WL 31101341

Snippet: where and with whom the child shall live.” § 39.521(4), Fla. Stat. (2000). It was pursuant to this grant

Courtesy Auto Group, Inc. v. Garcia

Court: Fla. Dist. Ct. App. | Date Filed: 2000-11-17T00:00:00-08:00

Citation: 778 So. 2d 1000

Snippet: contain the mandatory disclosure required by section 521.004, Florida Statutes. Specifically, Garcia alleged…Courtesy, as a retail lessor, had violated section 521.004(1), Florida Statutes (1997), by failing to make…which contained the wording required by section 521.004(1), Florida Statutes, printed in the style and …DCA 1989). Garcia argues that to satisfy section 521.004(1) the disclosure must be in the lease proper, …Fla. 4th DCA 1969). The requirement of section 521.004(1) was satisfied and Garcia has no cause of action

Great Lakes Dredging v. Sea Gull Oper. Corp.

Court: Fla. Dist. Ct. App. | Date Filed: 1984-12-10T23:53:00-08:00

Citation: 460 So. 2d 510

Snippet: ACTIVITIES CAREFULLY CARRIED ON. Except as stated in §§ 521-4, one who carries on an ultrahazardous activity is

Cities Service Company v. State

Court: Fla. Dist. Ct. App. | Date Filed: 1975-05-14T00:53:00-07:00

Citation: 312 So. 2d 799

Snippet: ACTIVITIES CAREFULLY CARRIED ON. Except as stated in §§ 521-4[1], one who carries on an ultrahazardous activity

State v. Allen

Court: Fla. | Date Filed: 1967-03-07T23:53:00-08:00

Citation: 196 So. 2d 745

Snippet: 1966, 181 So.2d 638. [3] Fla. 1966, 181 So.2d 521. [4] Ibid, p. 522. [5] Greyhound Corp. v. Carswell

Public Fire Insurance v. Crumpton Ex Rel. Crumpton

Court: Fla. | Date Filed: 1933-05-09T00:00:00-08:00

Citation: 148 So. 537, 110 Fla. 151

Snippet: 676, and note; Ins. Co. v. Lawrence, 81 Am. Dec. 521, 4 Ky. 9; Ins. Co. v. Kimberly, 6 Am. Rep. 325, 34