Md. Code, Commercial Law § 12-1107

Md. Code, Commercial Law § 12-1107
in effect
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(a) A lessor shall provide the consumer with a written receipt for each payment under a rental–purchase agreement made in person by cash or money order, or, if the payment is made in any other form, on request. (b) The written receipt shall contain the: (1) Total amount paid; (2) Total amount due that week or month; and (3) Total remaining rental payments necessary to acquire ownership of the item. (c) The lessor shall provide the consumer with a written statement of account within 3 days after the consumer’s request.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl&section=12-1107&enactments=falseFetched: 10/16/2026