Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Iowa Code 537.2509

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
537.2509 Right to prepay.
Subject to the provisions on prepayment and minimum charge under § 537.2510, the
consumer may prepay in full the unpaid balance of a consumer credit transaction, other than a consumer lease or a consumer rental purchase agreement, at any time.
[C58, 62, 66, 71, 73, §322.3(6, e); C75, 77, 79, 81, §537.2509]
87 Acts, ch 80, §39