reglab/housing_qa huggingface dataset:
AZ Rev Stat § 44-6709 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6709 - Current agreements; effect of law; void provisions

44-6709.  Current agreements;  effect of law;  void provisions A. This chapter applies to dealer agreements in effect on the effective date of this chapter at the time the agreements are extended,  revised,  modified or changed in any manner and applies to all dealer agreements entered into or renewed on or after the effective date of this chapter. B. A provision in any contract or agreement with respect to a supplier that requires jurisdiction or venue outside of this state or requires the application of the laws of another state or country is void with respect to a claim otherwise enforceable under this chapter.
AZ Rev Stat § 44-6751 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6751 - Investment of pension funds

44-6751.  Investment of pension funds Notwithstanding any other law,  the investment managers of public and private pension funds deposited in this state shall not be required to invest in any type of investment dictated or required by any entity of the federal government that is intended to fund economic development projects,  public works or social programs,  but investment managers may consider such economically targeted investments pursuant to their fiduciary responsibility.
AZ Rev Stat § 44-6801 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6801 - Definitions

44-6801.  Definitions In this chapter,  unless the context otherwise requires: 1. " Advertisement"  means a commercial message in any medium that solicits a consumer to enter a rental-purchase agreement. 2. " Cash price"  means the price at which the lessor would have sold the property to the consumer for cash on the date of the rental-purchase agreement. 3. " Consumer"  means an individual who rents personal property under a rental-purchase agreement to be used primarily for personal,  family or household purposes. 4. " Consummation"  means the date on which a consumer becomes contractually obligated under a rental-purchase agreement or on the date the first payment is made,  whichever is earlier. 5. " Cost of rental"  means the difference between the total of all periodic payments necessary to acquire ownership under the rental-purchase agreement and the cash price of the rental property that is subject to the rental-purchase agreement. 6. " Fee"  means any charge,  fee,  cost or expense,  however denominated,  other than a rental payment. 7. " Lessor"  means a person who,  in the ordinary course of business,  regularly leases,  offers to lease or arranges for the leasing of property under a rental-purchase agreement. 8. " Rental-purchase agreement"  means an agreement that is for the use of personal property by an individual for personal,  family or household purposes,  that is for an initial period of four months or less,  that is automatically renewable with each payment after the initial period and that permits the consumer to become the owner of the property but that does not obligate or require the consumer to continue leasing or using the property beyond the initial period.
AZ Rev Stat § 44-6802 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6802 - Applicability

44-6802.  Applicability A. This chapter does not apply to the following: 1. Rental-purchase agreements primarily for business,  commercial or agricultural purposes. 2. Rental-purchase agreements with governmental agencies or instrumentalities or with organizations. 3. A lease of a safe deposit box. 4. A lease or bailment of personal property that is incidental to the lease of real property and that provides that the consumer has no option to purchase the leased property. 5. A lease of a motor vehicle,  manufactured home,  mobile home,  factory-built building or recreational vehicle. B. Notwithstanding section 44-6001,  paragraphs 9,  10 and 11,  chapter 17 of this title does not apply to a rental-purchase agreement. C. Notwithstanding section 47-1201,  subsection B,  paragraph 35,  that paragraph and title 47,  chapter 9 do not apply to a rental-purchase agreement. D. Chapter 10,  article 7 of this title applies to a rental-purchase agreement. E. Unless a consumer's offer or agreement to enter into a rental-purchase agreement is made in a telephone communication initiated by the consumer,  chapter 15 of this title applies to a rental-purchase agreement. F. This chapter does not apply to: 1. The owner or publisher of any newspaper,  magazine or other publication of printed matter in which an advertisement appears or to the owner or operator of a radio or television station or computer information service that disseminates the advertisement if the owner,  publisher or operator does not have knowledge of the intent,  design or purpose of the advertiser. 2. Any advertisement that is subject to and complies with the rules and regulations of and the statutes administered by the federal trade commission.
AZ Rev Stat § 44-6803 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6803 - General requirements of disclosure

44-6803.  General requirements of disclosure A. A lessor shall disclose to a consumer the information prescribed in section 44-6804. In a transaction involving more than one lessor,  only one lessor is required to make the disclosures prescribed in section 44-6804,  but all lessors are bound by the disclosures made. B. The disclosures shall be made on or before the consummation of the rental-purchase agreement. C. The disclosure shall be made clearly and conspicuously in writing,  and a completed copy of the rental-purchase agreement shall be provided to the consumer upon signature of the consumer and lessor. The disclosures prescribed in section 44-6804 shall be made on the face of the agreement above the line for the consumer's signature. D. If a disclosure becomes inaccurate as a result of any act,  occurrence or agreement by the consumer after delivery of the required disclosures,  the resulting inaccuracy does not violate this chapter. E. If any portion of the transaction is conducted in any language other than English,  the disclosures prescribed in section 44-6804 shall be made in the language other than English.
AZ Rev Stat § 44-6805 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6805 - Prohibited rental-purchase agreement terms; practices

44-6805.  Prohibited rental-purchase agreement terms;  practices A. A rental-purchase agreement shall not contain any of the following: 1. A confession of judgment. 2. A negotiable instrument. 3. A security interest or any other claim of a property interest in any property of the consumer. 4. A wage assignment. 5. A waiver by the consumer of claims or defenses. 6. A provision authorizing the lessor or a person acting on the lessor's behalf to enter the consumer's premises without permission or to commit any breach of the peace in the repossession of rental property. 7. A provision requiring the purchase of insurance or a liability damage waiver from the lessor for the rental property that is the subject of the rental-purchase agreement. 8. A provision that states that mere failure to return rental property constitutes probable cause for a criminal action. 9. A provision requiring the consumer to make a payment in addition to regular rental payments to acquire ownership of the rental property,  or a provision requiring the consumer to make rental payments totalling more than the dollar amount necessary to acquire ownership as disclosed pursuant to section 44-6804. 10. A provision requiring a reinstatement fee unless a periodic payment is late more than seven days under a rental-purchase agreement with periodic payments made monthly or more than two days under a rental-purchase agreement with payments made more frequently than monthly. 11. A provision requiring a reinstatement fee of more than five dollars. 12. A provision requiring more than one reinstatement fee on any one periodic payment regardless of the period of time that it remains unpaid. 13. A provision requiring a late charge or any other type of charge or penalty for reinstating a rental-purchase agreement other than a reinstatement fee,  except that a lessor may use the term " late charge"  or a similar term to refer to a reinstatement fee. 14. A provision requiring that a consumer who rents multiple items in a single rental-purchase agreement pay an amount to acquire ownership of the items that exceeds the combined total amounts required to acquire ownership of the items if rented separately for the same term. B. A lessor shall not engage in any unfair,  unlawful or deceptive act or practice or make any false or misleading statement in connection with a rental-purchase agreement.
AZ Rev Stat § 44-6807 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6807 - Reinstatement

44-6807.  Reinstatement A. A consumer who fails to make a timely rental payment may reinstate the rental-purchase agreement,  without losing any rights or options that exist under the rental-purchase agreement,  by paying the following charges within seven days after the renewal date of the rental-purchase agreement: 1. All past due rental payments. 2. If the rental property has been picked up,  the reasonable cost of pickup and any redelivery. 3. Any applicable reinstatement fee. B. A consumer who has paid less than sixty per cent of the total amount necessary to acquire ownership of rental property is entitled to an extended reinstatement period of at least sixty days if the consumer voluntarily surrenders the rental property,  other than through judicial process,  within seven days after the consumer's receipt of a written demand for the return of the rental property providing notice of the consumer's opportunity to obtain the extended reinstatement period. C. A consumer who has paid sixty per cent or more of the total amount necessary to acquire ownership of rental property is entitled to an extended reinstatement period of at least one hundred eighty days if the consumer voluntarily surrenders the rental property,  other than through judicial process,  within fourteen days after the consumer's receipt of a written demand for the return of the rental property providing notice of the consumer's opportunity to obtain the extended reinstatement period. D. Nothing in this section prevents a lessor from attempting to repossess rental property during the applicable reinstatement period,  but the repossession does not affect the consumer's right to reinstate. If the consumer reinstates after the lessor has repossessed the rental property,  the lessor shall provide the consumer with the same property,  if available,  or with substitute property of comparable quality and condition.
AZ Rev Stat § 44-6808 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6808 - Receipts

44-6808.  Receipts On request by the consumer,  a lessor shall provide the consumer with a written receipt for each payment made by cash or money order.
AZ Rev Stat § 44-6809 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6809 - Renegotiations

44-6809.  Renegotiations A. A renegotiation occurs if any term of a rental-purchase agreement that is required to be disclosed by section 44-6804 is changed by agreement by the lessor and consumer. A renegotiation is considered to be a new rental-purchase agreement requiring the lessor to give all of the disclosures required by section 44-6804. B. A renegotiation shall not include any of the following: 1. Reinstatement of a rental-purchase agreement in accordance with section 44-6807,  subsection A. 2. A lessor's waiver or failure to assert any claim against the consumer. 3. A deferral,  extension or waiver of a portion of a periodic payment or of one or more periodic payments. 4. A change,  made at the consumer's request,  of the day of the week or month on which periodic payments are to be made.
AZ Rev Stat § 44-6810 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6810 - Advertising

44-6810.  Advertising A. If an advertisement for a rental-purchase agreement refers to or states the dollar amount of any periodic payment and the right to acquire ownership of a specific item,  the advertisement shall also clearly and conspicuously state the following,  as applicable: 1. That the transaction advertised is a rental-purchase agreement. 2. The total number and total amount of periodic payments necessary to acquire ownership of the item. 3. That the consumer acquires no ownership rights unless the total amount necessary to acquire ownership is paid. B. Each item displayed or offered under a rental-purchase agreement shall bear a tag or card that clearly and conspicuously indicates in Arabic numerals,  which are readable and understandable by visual inspection,  each of the following: 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. 4. The cost of rental.
AZ Rev Stat § 44-6811 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6811 - Enforcement; penalties

44-6811.  Enforcement;  penalties A. A lessor who fails to comply with the requirements of this chapter is liable to the consumer damaged by the lessor's failure to comply: 1. In an amount equal to the greater of either: (a) The actual damages sustained by the consumer as a result of the lessor's failure to comply with this chapter. (b) Twenty-five per cent of the total of payments necessary to acquire ownership,  but at least one hundred dollars and not more than one thousand dollars. 2. For court costs and expenses and reasonable attorney fees as determined by the court. B. A consumer shall not take any action to offset the amount for which a lessor is potentially liable under subsection A against any amount owed by the consumer,  unless the amount of the lessor's liability has been determined by judgment in an action in which the lessor was a party. This subsection does not bar a consumer in default on an obligation from asserting a violation of this chapter as an original action or as a defense or counterclaim to an action brought by a lessor against the consumer. C. The rights and remedies prescribed under this section are cumulative with any other rights or remedies available in this state. D. A consumer or lessor shall not bring an action under this chapter more than two years after the date the consumer made the consumer's last rental payment or more than two years after the date of the occurrence of the violation that is the subject of the suit,  whichever is later. E. A violation of this chapter constitutes an unlawful practice under section 44-1522. The attorney general may investigate and take appropriate action as prescribed by chapter 10,  article 7 of this title.
AZ Rev Stat § 44-6812 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6812 - Lessor's defenses; definition

44-6812.  Lessor's defenses;  definition A. If a lessor establishes by a preponderance of the evidence that a violation of this chapter was unintentional or the result of a bona fide error notwithstanding the maintenance of procedures reasonably adapted to avoid these errors,  a court shall not impose a penalty prescribed in section 44-6811 and validity of the transaction is not affected. B. A lessor is not liable under this chapter for any failure to comply with any requirement imposed under this chapter if within sixty days after discovering an error,  and before the institution of an action under this chapter or the receipt of written notice of the error from the consumer,  the lessor notifies the consumer of the error and makes whatever adjustments in the appropriate account that are necessary to correct the error. C. For the purposes of this section,  " bona fide errors"  includes clerical errors,  calculation errors,  errors due to unintentional,  improper computer programming or data entry and printing errors but does not include an error of legal judgment with respect to a lessor's obligations under this chapter.
AZ Rev Stat § 44-6813 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6813 - Assignment of a rental-purchase agreement

44-6813.  Assignment of a rental-purchase agreement If a lessor assigns or transfers a rental-purchase agreement to a third party,  all of the consumer's rights created by the rental-purchase agreement and this chapter are preserved.
AZ Rev Stat § 44-6814 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6814 - Notices

44-6814.  Notices A written notice required or permitted by this chapter is: 1. Deemed to have been received on personal delivery to the consumer or lessor. 2. Presumed to have been received on the third day after mailing to the consumer's or lessor's last known address.
AZ Rev Stat § 44-6851 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6851 - Definitions

44-6851.  Definitions In this chapter,  unless the context otherwise requires: 1. " Check"  means a draft that is payable on demand and drawn on a financial institution,  a cashier's check or a teller's check. 2. " Draft"  means an item,  other than an instrument,  that is an order. 3. " Drawer"  means a person who signs or is identified in a draft as a person ordering payment. 4. " Financial institution"  means a bank,  savings and loan association or credit union that is chartered and supervised under state or federal law. 5. " Holder"  means a person,  including this state,  who is entitled to enforce an instrument. 6. " Maker"  means a person who signs or is identified in a note as a person undertaking to pay. 7. " Order"  means a written instruction to pay money that is signed by the person giving the instruction. The instruction may be addressed to any person,  including this state or the person giving the instruction,  or to one or more persons,  including this state,  jointly or in the alternative but not in succession. 8. " Payee"  means a person,  including this state,  in whose favor an instrument is drawn or made payable.
AZ Rev Stat § 44-6852 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6852 - Dishonored checks; service fee

44-6852.  Dishonored checks;  service fee Notwithstanding any other law and except as provided in sections 32-328 and 32-507,  the holder,  payee or assignee of the holder or payee of a dishonored check,  draft,  order or note may charge and collect from the maker or drawer a service fee of not more than $25 plus any actual charges assessed by the financial institution of the holder,  payee or assignee of the holder or payee as a result of the dishonored instrument.
AZ Rev Stat § 44-6951 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6951 - Definitions

44-6951.  Definitions In this chapter,  unless the context otherwise requires: 1. " Audited financial report"  means a financial report on a provider that is prepared by an independent certified public accountant. 2. " Department"  means the department of insurance and financial institutions. 3. " Director"  means the director of the department of insurance and financial institutions. 4. " Entrance fee"  means an initial or deferred transfer to a provider of a facility of a sum of money or property by a person entering into a senior residential entrance fee contract that in amount or value is at least six hundred percent of the periodic fee charged to a resident,  all or a portion of which may be refunded to that resident,  a benefactor or a beneficiary on the resident's termination of residence in the facility. 5. " Facility"  means a place or places in which a provider undertakes to provide a resident with a living unit pursuant to a senior residential entrance fee contract. Facility does not include any provider that is regulated by the department of insurance and financial institutions pursuant to title 20,  chapter 8. 6. " Living unit"  means any apartment,  room or other area in a facility set aside for the exclusive use of one or more identified residents. 7. " Periodic fee"  means the monthly calculated amount charged to a resident for lodging in a living unit provided pursuant to a senior residential entrance fee contract. 8. " Provider"  means a person who provides lodging to seniors in a living unit pursuant to a senior residential entrance fee contract. 9. " Resident"  means an individual who enters into a senior residential entrance fee contract with a provider or who is designated in a senior residential entrance fee contract to receive lodging. 10. " Senior residential entrance fee contract"  means a contract to provide a living unit in a facility for the duration of a resident's life or for a term of more than one year that is conditioned on the transfer of an entrance fee to the provider in addition to or in lieu of the payment of periodic charges for the living unit and that is further conditioned on the resident's ability to live independently.
AZ Rev Stat § 44-6952 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6952 - Senior residential entrance fee contracts; provider registration; registration fee

44-6952.  Senior residential entrance fee contracts;  provider registration;  registration fee A. Before a provider solicits,  enters into or extends the term of a senior residential entrance fee contract the provider shall register with the department on a form prescribed by the department. The form shall include at least the following information: 1. The name of the provider. 2. The name,  business address and business telephone number of each person holding at least a ten per cent ownership interest in the provider. 3. The business address,  telephone number and fax number of the provider. 4. The mailing and street addresses for each of the provider's facilities. 5. The name,  business address and business telephone number of the chief administrator for each facility. 6. The fiscal year-end date for the provider. B. The director shall charge each provider a registration fee. The provider shall submit the registration form and fee to the department together with a copy of the provider's most recent audited financial report and a copy of the provider's disclosure statement prescribed in section 44-6954,  subsection D,  paragraph 2.
AZ Rev Stat § 44-6953 (2021)
2021 Arizona Revised Statutes|Title 44 - Trade and Commerce|§ 44-6953 - Maintaining valid registration

44-6953.  Maintaining valid registration A. To maintain a valid registration,  within one hundred eighty days following the conclusion of each fiscal year each provider shall file its annual financial report for the previous fiscal year with the department. If a provider fails to timely file its annual financial report,  the department shall notify the provider in writing. If the provider fails to file its annual financial report within thirty days after the date of the written notice,  the department shall cancel the provider's registration and send written notice of the cancellation to the provider and the consumer fraud section of the attorney general's office. B. A provider shall also file with the department any amendments to its disclosure statement prescribed in section 44-6954,  subsection D,  paragraph 2 within fourteen days after making the amendment. The department shall notify the provider and the consumer fraud section of the attorney general's office if the department finds that the provider is using a disclosure form or amended disclosure form that has not been filed with the department. C. The department shall forward to the consumer fraud section of the attorney general's office a copy of any provider's audited financial report that contains a qualified opinion or a statement that the auditors have substantial doubt about the provider's ability to continue as a going concern. The department shall notify the provider that the department has forwarded the financial report to the attorney general.