Minnesota Statutes

Minn. Stat. § 325F.93 (2026)

Early Purchase Option

✓ current as of May 2026

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At any time after the first periodic payment is made, the lessee may acquire ownership of the property by tendering 55 percent of the difference between the total of scheduled payments and the total amount paid on the account.

Notes of Decisions

Cited in 2 cases, 1993–1994 · leading case: Miller v. Colortyme, Inc., 518 N.W.2d 544 (Minn. 1994).

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Miller v. Colortyme, Inc., 518 N.W.2d 544 (Minn. 1994). · cites it 2× “…by tendering 55% of the difference between the total of scheduled payments and the total amount paid on the account. Minn.Stat. § 325F.93 (1992).”

Miller v. Colortyme, Inc., 504 N.W.2d 258 (Minn. Ct. App. 1993). · cites it 2× “Agreements made prior to enactment of Minn. Stat. § 325F.93 (1992) (1990 Minn. Laws ch.”

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