A 3353
Requires certain disclosures under motor vehicle lease.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill requires greater transparency in motor vehicle lease agreements in New Jersey. It mandates that leases include specific disclosures about purchase options, total lease costs, mileage limits, and potential fees. Additionally, lessees will receive a one-page summary outlining key lease terms and costs. The bill aims to protect consumers by providing clearer information before entering into a lease agreement.
Sponsors
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Primary sponsor
Sterley Stanley
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