(a) A lessor may not bring a court action to recover property subject to a rental–purchase agreement until 15 days after the consumer has been sent notice of a default.
(b) Notice of default sent by certified mail to the consumer’s last known address constitutes notice.
(c) The notice shall include any amount the consumer must pay to reinstate the rental–purchase agreement, if applicable.
Structure Maryland Statutes
Subtitle 11 - Maryland Rental-Purchase Agreement Act
Section 12-1102 - Effect and Applicability of Subtitle
Section 12-1103 - Disclosures -- in General
Section 12-1104 - Disclosures -- Specific Information; Tags
Section 12-1105 - Prohibited Provisions
Section 12-1106 - Reinstatement; Repossession of Property
Section 12-1106.1 - Maintenance of Copy of Rental-Purchase Agreement
Section 12-1108 - New Rental-Purchase Agreements
Section 12-1109 - Advertisements
Section 12-1110 - Penalties; Exceptions
Section 12-1110.1 - Recovery of Property Subject to Rental-Purchase Agreement
Section 12-1111 - Form for Disclosures