Conditional selling is similar to rental sales. The contract generally provides that the goods do not belong to you until you have paid the last tranche and the lender may be able to take back the goods if you fall back with payment. Before the property described in the lease can be taken possession of the property, the financial company must first disclose to the tenant the name and address of the financial company to which they belong. If the financial company has sent an agent to the takers of the merchandise, the broker is required to present to the tenant the documents attesting to their status, usually issued by the financial company, as well as the identity card. 3. Any reference in the main statute to a violation of section 11 of this Act or to subsection 1 of this section contains a reference to the violation of this subsection, as applied in the last subsection above; and if the landlord recovers possession of the goods against that subsection, as is the case, a personal representative of the deceased tenant (without prejudice to another right he may exercise as a tenant with respect to the tenancy agreement) has the right to recover from the landlord, in the course of a legal action, all the sums mentioned in paragraph (a) of paragraph 2 of this section. If you are not sure you still need something, check the original credit agreement which must indicate the total price of the merchandise and the amount you must pay when you terminate the contract. The credit agreement is the legal document you signed when you purchased the goods. (1) When goods are leased under a lease agreement to which the main law applies and the goods are leased according to a typical sample, the lease is included in the lease agreement. (a) constitutes a tenancy agreement to which the main law applies, or would constitute such an agreement if it were entered into by or for another person as the owner of the goods to which it relates, is enforced. ( 1) The requirements set out in Section 2, paragraph 2 of the Main Act (which sets out the requirements for leases) and the requirements of Section 3, paragraph 2, of this Act (which sets out the requirements for credit contracts) apply to the lease-sale contract or the credit sale contract, as the case may be , not a note or brief of such an agreement; and accordingly – (3) A lease-sale agreement, a credit purchase contract or a guarantee contract are not cancelled solely because the provisions of this section are not respected; However, if the requirements of such a document regulation are not met.- (8) At any time after notification of delay and prior to payment or competition of the amount covered in Section 4 of this section or the time indicated in the notice of contract (what happens first) the goods to which the lease relates are not processed.- (6) If the court places an order by subsection (3)b) of this section, the court removes the court from the balance covered in paragraph 4 of this section saves the amount that the court deems fair, since the order requires that a portion of that balance be paid at a time prior to the date on which it should have been due under the lease.
(b) for the purposes of section 11(3) of this Act, with respect to any offer of a lease-sale or purchase of credit, as if any reference to the agreement was a reference to the offer and any reference to the tenant or buyer was a reference to the person making the offer.