RSA 358-P:2 Definitions.

Title: XXXI - TRADE AND COMMERCE Chapter: 358-P - RENT-TO-OWN AGREEMENT ACT

In this chapter:
I. "Advertisement" means a commercial message in any medium that solicits a consumer to enter a rent-to-own agreement.
II. "Cash price" means the price at which the lessor would have sold the property to the consumer for cash on the date of the rent-to-own agreement.
III. "Consumer" means a natural person who rents personal property under a rent-to-own agreement to be used primarily for personal, family or household purposes.
IV. "Consummation" means the date on which a consumer enters into a rent-to-own agreement.
V. "Rent-to-own agreement" means an agreement for the use of personal property by a natural person primarily for personal, family or household purposes, for an initial period of 4 months or less that is automatically renewabl

Log in to read the full statute text and search all NH RSAs.

Read Full Statute