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Section 10-1-685 - Purchase of insurance; early termination or return of items; late fees — Georgia Law | CourtGPT
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  3. Georgia/
  4. Title 10 - Commerce and Trade/
  5. Chapter 1 - Selling and Other Trade Practices (§§ 10-1-1 — 10-1-945)/
  6. Article 23 - Lease-purchase Agreements/
  7. Section 10-1-685 - Purchase of insurance; early termination or return of items; late fees
Georgia Legal Code

Section 10-1-685 - Purchase of insurance; early termination or return of items; late fees

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(a) A lessor shall not require the purchase of insurance by the lessee from the lessor of a leased item.(b) A lessor shall not impose a penalty for early termination of a lease-purchase agreement or for the return of an item at any point.(c) A lessor shall not impose a fee for in-home collection of a payment unless the lessee has expressly agreed to the fee and the amount of the fee is disclosed.(d) A lessor shall not impose a fee for picking up rental property should the lessee choose to terminate the lease.(e) A lessor shall not impose a fee for making a late payment except the charge for reinstatement as established in Code Section 10-1-686.