Section 59 Disclosure Requirements

• Library: Motor Vehicle 2011

The consumer leasing provisions of the CCPA list 11 separate disclosure requirements and permits them to be made in the lease contract. 15 U.S.C. § 1667a. These are expanded to 20 disclosure requirements in Regulation M. 12 C.F.R. § 213.4. Model disclosure forms have been published as appendices to Regulation M,
and the TILA provides that a lessor who uses the appropriate form is deemed to be in compliance with the disclosure provisions other than numerical disclosures. 15 U.S.C. § 1604(b). As under the...