reglab/housing_qa huggingface dataset:
NH Rev Stat § 361-D:7 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:7 - Acknowledgment by Lessee.

    361-D:7 Acknowledgment by Lessee. –||I. Any acknowledgment by the lessee of delivery of a copy of a lease agreement or purchase order and any vehicle lease proposal and any credit statement which the lessor has required or requested the lessee to sign, and which the lessee has signed, during the agreement negotiations, shall be printed or written in size equal to at least 10-point bold type and, if contained in the agreement, shall appear directly above the space reserved for the lessee's signature.||II. The lessee's written acknowledgment, conforming to the requirements of this section, of delivery of a completely filled in copy of the agreement, and a copy of such other documents shall be a rebuttable presumption of delivery in any action or proceeding by or against a holder without knowledge to the contrary when the holder acquired interest in the agreement.||III. If such holder furnishes the lessee a copy of such documents, or a notice containing items listed in RSA 361-D:3, III(a)-(l) stating that the lessee shall notify such holder in writing within 30 days if the lessee was not furnished a copy of such documents, and no such notification is given, it shall be conclusively presumed in favor of such a holder that copies of such documents were furnished as required by this chapter.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:8 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:8 - Payment or Trade-in.

    361-D:8 Payment or Trade-in. –||I. If a lessee has made a payment to a lessor pending the execution of a lease, has surrendered possession of a trade-in vehicle, or both, the lessee shall have the right, if the lease is not executed by the lessee and lessor, to have any trade-in vehicle returned and receive a refund of any payments made within 10 days after the lessor receives notice that the application has not been approved. If a lessee leaves a trade-in vehicle with the lessor and the lessor and lessee agree that the parties shall enter into a lease, the lessor shall not sell or transfer the trade-in vehicle until the lessee and the lessor execute a lease.||II. This section shall not apply to the sale of a vehicle by a prospective lessee to a prospective lessor under a separate contract of sale if such contract is executed before the parties have consummated a lease, is dated as of the sale date and is signed by the parties. Such contract shall provide and shall clearly and conspicuously disclose, in at least 8-point bold face type: that the contract price establishes the vehicle's value for purposes of determining the amount the lessor will credit as a "capitalized cost reduction" or as payment of the total amount due at lease signing under any lease subsequently consummated by the parties or as the amount due to the lessee for the vehicle in the event the parties fail to consummate a lease within 30 days; that the prospective lessee agrees to leave the contract price on deposit with the prospective lessor pending the consummation of a lease for a vehicle to be ordered from the manufacturer or for a vehicle not yet in production as of the date of the contract; and that 15 days after the lessor and prospective lessee shall agree that no lease will be consummated, and, in any event, no later than 45 days after the sale date, the prospective lessee shall be entitled to payment of the agreed upon price for the vehicle unless within that time the parties have consummated a lease or have agreed to an earlier payment of the price to the prospective lessee.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:9 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:9 - Total Loss Notice and Waiver of Gap Amount.

    361-D:9 Total Loss Notice and Waiver of Gap Amount. –||I. If the lease provides that the lessee shall be responsible for the gap amount, the lease shall disclose that fact and disclose the obligations for which the lessee would remain liable in the event of a total loss of the vehicle prior to the end of the lease term occasioned by its theft, physical damage or other occurrences as specified in the lease, using the term "gap amount".||II. The lessor may waive its contractual right to hold the lessee liable for some or all of the gap amount. This waiver may be granted either without a separate charge to the lessee, or in exchange for the payment by the lessee of a separate charge. Any separate charge for such waiver must be conspicuously disclosed to the lessee.||III. If the lessor, as provided in paragraph II of this section, offers for a separately stated charge to waive its contractual right to hold the lessee liable for the gap amount, the lease shall also contain a conspicuous notice which shall state in at least 8-point bold face type that:||(a) For a separate charge disclosed in the notice the lessor shall waive its contractual right to hold the lessee liable for the gap amount.||(b) The lessee may as an alternative to purchasing a waiver, be able to purchase protection covering the gap amount from a company which has been authorized to do business in this state.||(c) Failure to provide the notice as required by this section shall invalidate any lease provision which otherwise would obligate a lessee to pay to the holder, after a total loss of the vehicle occasioned by its theft, physical damage or other occurrence as specified in the lease.||(d) No lease shall be conditioned upon the lessee's obtaining of vehicle lessee gap protection.||IV. The lessor's waiver of its contractual right to hold the lessee liable for the gap amount may be conditioned upon the receipt by the lessor of:||(a) All amounts due under the lease as of the date of receipt by the lessor of the insurance proceeds or equivalent amount of the value of the vehicle, or if no such date is specified, as of the date of total loss of the vehicle.||(b) An amount from the lessee equal to the amount of the lessee's deductible and any other subtractions from the actual cash value under the lessee's insurance policy.||(c) Insurance proceeds from the insurance policy required under the lease, or the equivalent amount of the value of the vehicle established by reference to an official used car guide publication as of the date of the loss.||V. The lessor's waiver of its right to hold the lessee liable for the gap amount shall not be deemed to be insurance under the laws of this state and no license shall be required of lessors who waive or offer to waive such right.||VI. [Repealed.]|||Source. 1996, 85:1. 1997, 322:28, IV, eff. June 23, 1997.|
NH Rev Stat § 361-D:10 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:10 - Refund of Excess Fees.

    361-D:10 Refund of Excess Fees. –||If a lessee of a vehicle pays to the lessor an amount for fees owed to the state, the licensing or transfer of title of the vehicle which amount is in excess of the actual fees due for such licensing or transfer, including any excess of the amount which has been paid, prior to the execution of the lease, by the lessor to the state in order to avoid penalties that would have accrued because of late payment of such fees, the lessor shall return such excess amount to the lessee, whether or not such lessee requests the return of the excess amount.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:11 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:11 - Lien on Other Property.

    361-D:11 Lien on Other Property. –||No agreement in connection with a lease agreement which provides for the inclusion of title to or a lien upon any personal or real property, other than the motor vehicle which is the subject matter of the lease agreement, or accessories for such vehicle or special and auxiliary equipment used in connection with such vehicle as security for the payment of the agreement obligations, shall be enforceable. This section shall not apply to a security deposit, advance payment of rent, or other cash prepayment. This section shall not apply to contracts which are ancillary to the lease and directly applicable to the leased vehicle, such as extended warranty or service agreements or contracts of insurance.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:12 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:12 - Rights of Assignee of Lessor.

    361-D:12 Rights of Assignee of Lessor. –||I. An assignee of the lessor's rights shall be subject to all equities and defenses of the lessee against the lessor that are clear on the face of the lease, notwithstanding an agreement to the contrary, but the assignee's liability may not exceed the amount of the obligation owing to the assignee at the time of the assignment.||II. The assignee shall have no liability for errors or omissions made by the lessor or lessor's agent when providing itemization of the components of capitalized cost pursuant to RSA 361-D:3, III(q).||III. The assignee shall have recourse against the lessor to the extent of any liability incurred by the assignee pursuant to this section regardless of whether the assignment was with or without recourse.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:13 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:13 - Unlawful Rebates, Discounts, and Commissions.

    361-D:13 Unlawful Rebates, Discounts, and Commissions. –||It shall be unlawful for any lessor to induce or attempt to induce any person to enter into an agreement subject to this chapter by offering a rebate, discount, commission, or other consideration, on the condition that the lessee or prospective lessee gives information or assistance for the purpose of enabling a lessor to either lease or sell a motor vehicle to another.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:14 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:14 - Notice of Lessee's Default and Right to Cure.

    361-D:14 Notice of Lessee's Default and Right to Cure. –||I. After a lessee has been in default for 10 days solely by reason of the lessee's failure to make a timely lease payment and any applicable late charges, the holder may declare the lessee to be in default and may send the lessee a notice of default.||II. A lessee who has been in default solely by reason of the lessee's failure to make a timely lease payment and any applicable late charges and who has not previously been afforded the right to cure a default shall be entitled to cure the default.||III. If the lessee is entitled to cure the default the notice shall contain a conspicuous statement that the lessee is entitled to cure the default, setting forth the dollar amount necessary to cure the default, the date by which payment must be made and the name, address and telephone number of the holder from which information may be obtained regarding such cure.||IV. This section shall not apply to any default other than the lessee's failure to make a timely lease payment and any applicable late charges.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:15 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:15 - Open End Leases; Lessee to Bear Risk of Vehicle's Depreciation.

    361-D:15 Open End Leases;  Lessee to Bear Risk of Vehicle's Depreciation. –||I. For open end leases, the residual value shall be a reasonable approximation of the anticipated fair market value of the motor vehicle at the end of the scheduled term.||II. There shall be a rebuttable presumption that the residual value is unreasonable to the extent that the residual value exceeds the realized value at lease end by more than 3 times the average payment allocable to a monthly period under the lease. This presumption shall not apply when the excess residual value over realized value is due to physical damage to the motor vehicle beyond reasonable wear and use, or to excessive use, and the lease may set standards for such wear and use if such standards are not unreasonable.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:16 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:16 - Method for Establishing Realized Value.

    361-D:16 Method for Establishing Realized Value. –||I. (a) If a lease is terminated early and the lessee does not exercise any purchase option and the lessee's liability is based on the difference between the lease balance and the realized value, or if the lessee's liability at the scheduled end of the lease term is based upon the vehicle's residual value and the lessee does not exercise any purchase option, the holder shall act in a commercially reasonable manner when disposing of the vehicle or obtaining cash bids for the purpose of establishing the realized value of the vehicle.||(b) Except in the event of a total loss, within 5 business days of lease termination, a lessee who is not in default and whose lease is terminated early without the exercise of a purchase option or whose liability at the scheduled end of the lease term is based upon the residual value of the vehicle may obtain, at the lessee's expense, a professional appraisal of the wholesale value which could be realized at sale of the vehicle, by an appraiser mutually acceptable to the lessee and the holder, who is not the agent or employee of either the lessor, the dealer or the lessee.||(c) The appraisal shall be final and binding upon the parties and shall be used as the realized value in determining the lessee's liability at early termination or at the scheduled end of the lease term.||(d) Nothing in this section shall be deemed to prohibit the lessee and the lessor from agreeing upon the vehicle's realized value, in which case the value agreed upon shall be final and binding upon the parties and shall be used as the realized value in determining the lessee's liability at early termination or at the scheduled end of the lease term.||II. In the event of a total loss of the vehicle prior to the end of the lease term occasioned by its theft, physical damage or other occurrence as specified in the lease, the realized value shall be deemed to be the sum of the amount received by the holder from the lessee's insurance company or from any other party in payment of the loss, and the amount of the lessee's deductible under the lessee's insurance policy received by the holder. In the event that no amount is received, the realized value of the motor vehicle shall be zero.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:18 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:18 - Restriction on the Reporting of Early Terminations.

    361-D:18 Restriction on the Reporting of Early Terminations. –||The holder of a lease shall not report the voluntary early termination of a lease to a consumer reporting agency as a default unless the lessee fails to satisfy the lessee's early termination obligations under the lease.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:20 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:20 - Satisfaction of Lease.

    361-D:20 Satisfaction of Lease. –||After the payment of all sums for which the lessee is obligated under a lease, and upon the lessee's written request, the holder shall mail to the lessee at the lessee's last known address a document stating that the lessee has made payment in full. This document shall not operate to release the lessee from liability for events discovered by the holder subsequent to the mailing of such document.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:21 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:21 - Renegotiations and Extensions.

    361-D:21 Renegotiations and Extensions. –||I. All disclosure requirements set forth in this chapter shall apply to the renegotiation of a lease. A renegotiation does not constitute a transaction subject to warranty or other provisions that apply to the sale of used vehicles under the laws of this state.||II. The disclosure requirements shall not apply to any extension of a lease 6 months or less.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:23 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:23 - Rescission of Agreement.

    361-D:23 Rescission of Agreement. –||If the lessor fails to comply with RSA 361-D:3, as an alternative to an action under RSA 361-D:22, the lessee may rescind the agreement if the failure to comply was willful, or if correction will increase the amount of the lease balance, unless the lessor waives the collection of the increased amount.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:24 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:24 - Costs and Attorney's Fees.

    361-D:24 Costs and Attorney's Fees. –||In any action by a consumer against the lessor based upon the alleged breach of a lease or other written agreement made in connection with lease of such motor vehicle, the court, in its discretion, may award to the plaintiff costs and reasonable attorney's fees. If the court determines that the action was brought with no substantial justification, it may award costs and reasonable attorney's fees to the defendant.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:25 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:25 - Sale of Leased Vehicle; Applicable to Open-End Leases Only.

    361-D:25 Sale of Leased Vehicle;  Applicable to Open-End Leases Only. –||I. At the termination or expiration of an open end lease, when disposing of a vehicle or obtaining cash bids for the purpose of setting the realized value of a vehicle, the lessor shall act in a commercially reasonable manner in the customary market for such vehicle.||II. Notwithstanding any provision in an open-end lease agreement to the contrary at least 10 days' written notice of intent to sell such motor vehicle shall be given by the lessor to the lessee, unless the lessor and lessee have agreed in writing to the amount of the lessee's liability under the lease agreement after the lessee returns the motor vehicle to the lessor, or the lessee has satisfied the lease agreement obligations by payment to the lessor. The notice shall be personally served or shall be sent by certified mail, return receipt requested, directed to the address of the lessee shown on the lease, unless the lessee has notified the holder in writing of a different address. The notice shall set forth separately any charges or sums due and state that the lessee will be liable for the difference between the amount of liability imposed on the lessee at the expiration of the lease term and the net sale proceeds of the motor vehicle when it is sold. The notice shall also state that the lessee has the right to redeem the vehicle by payment in full of the amount due to the lessor at any time up to the date of sale or other disposition of the vehicle.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:26 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:26 - Duties of Lessor.

    361-D:26 Duties of Lessor. –||A lessor shall not:||I. Fail to either register the leased vehicle pursuant to the lease agreement or provide the lessee with all documentation necessary to secure registration.||II. Advertise any specific vehicle in the inventory of the lessor for lease without identifying such vehicle by either its vehicle identification number or license number.||III. Refuse to lease an available vehicle to any creditworthy person at the advertised total lease amount.||IV. Notwithstanding the provisions of RSA 361-D:22, a lessor shall be held civilly liable for a violation of this section.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:27 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:27 - Administrative Enforcement.

    361-D:27 Administrative Enforcement. –||In addition to the private rights created by this chapter, compliance with the requirements imposed under this chapter shall be enforced by the department of justice.|||Source. 1996, 85:1, eff. Nov. 15, 1996.|
NH Rev Stat § 361-D:28 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-D - Motor Vehicle Leasing|Section 361-D:28 - Rulemaking.

    361-D:28 Rulemaking. –||The attorney general shall adopt rules, pursuant to RSA 541-A, relative to:||I. The information required to be included with the solicitation under RSA 361-D:2.||II. The guidelines for forms necessary to comply with the provision of RSA 361-D:3.||III. [Repealed.]|||Source. 1996, 85:1, eff. Nov. 15, 1996. 2012, 171:26, XVII, eff. Aug. 10, 2012.|
NH Rev Stat § 361-E:1 (2021)
2021 New Hampshire Revised Statutes|Title XXXIII-A - Retail Installment Sales|Title 361-E - Guaranteed Asset Protection Waivers|Section 361-E:1 - Scope.

    361-E:1 Scope. –||I. The purpose of this chapter is to provide a framework within which retail sellers and sales finance companies may offer guaranteed asset protection waivers in New Hampshire.||II. This chapter shall not apply to:||(a) An insurance policy offered by an insurer under the insurance laws of this state; or||(b) A debt cancellation or debt suspension contract being offered in compliance with 12 C.F.R. part 37, 12 C.F.R. part 721, or other federal law.|||Source. 2015, 207:7, eff. Sept. 4, 2015.|