Disclosure when Advertising Consumer Leases

The Federal Trade Commission has rules regulating the disclosure that is required for advertising of personal property leases. These rules apply to Internet advertising. This summary explains the terms that trigger the disclosure rules, the disclosure rules that apply, the special rules for advertising a lease rate, and the penalties that may be incurred for violations of the FTC rules.

The following questions have been addressed in this article:

What terms trigger disclosures?
What disclosure rules apply to the total amount due at consummation or delivery?
Are there special rules for advertising a lease rate?

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