11. Price cards. (a) Each item displayed or offered under a lease-purchase agreement shall bear a tag or card that indicates: (1) The cash price of the item; (2) The amount of the periodic payment; (3) The total number and total amount of periodic payments necessary to acquire ownership; and (4) Whether the item is new or previously rented. (b) Notwithstanding the provisions of this section, a lessor may make the required disclosures in the form of a list or catalog which is readily available to a consumer if displaying a tag would be impractical due to the size of the merchandise. In addition, a lessor may make the required disclosures in the form of a list or catalog if the merchandise displayed can be purchased in a credit transaction or if the merchandise displayed represents only a sample of the merchandise available under a lease-purchase agreement. (Apr. 13, 2002, D.C. Law 14-99, § 12, 49 DCR 1000.)
District of Columbia Legal Code