TITLE 10 COMMERCE AND TRADE

Section 1. Selling and Other Trade Practices, 10-1-1 through 10-1-915.

ARTICLE 23 LEASE-PURCHASE AGREEMENTS

10-1-685. Purchase of insurance; early termination or return of items; fees.

1. A lessor shall not require the purchase of insurance by the lessee from the lessor of a leased item.
2. 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.
3. 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.
4. A lessor shall not impose a fee for picking up rental property should the lessee choose to terminate the lease.
5. 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.

(Code 1981, §10-1-685, enacted by Ga. L. 1985, p. 1341, § 1.)