Section 92A. For each item offered under a consumer lease the lessor shall clearly and conspicuously disclose:

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Terms Used In Massachusetts General Laws ch. 93 sec. 92A

  • 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

(i) the cash price of the item;

(ii) the amount of the periodic payment; and

(iii) the total number and total amount of periodic payments necessary to acquire ownership.

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