Guam § 57103 - General Disclosure Requirements.

§ 57103. General Disclosure Requirements.

(a) In General. The merchant under a rental-purchase agreement shall

disclose in a clear and conspicuous manner to the consumer the information

required by §§ 57104, 57105 and 57106 of this Chapter. In an agreement

involving more than one (1) merchant, only one (1) merchant is required to

make the disclosures.

(b) Disclosure. The disclosures required under §§ 57104 and 57105 of

this Chapter and the agreement provisions required to be included under §

57106 of this Chapter shall be made or included.

(1) at or before the date of consummation of the rental-purchase

agreement;

(2) clearly and conspicuously in writing and in a form that the

consumer may keep; and

(3) in a case of disclosures required under § 57104 of this

Chapter, segregated from all other terms, data or information provided

to the consumer.

(c) Inaccuracy. If a disclosure required to be made by a merchant to a

consumer under § 57104 of this Chapter becomes inaccurate as the result of

any mutual written agreement between the merchant and such consumer

occurring after delivery of the required disclosure to such consumer under

this Chapter, the resulting inaccuracy is not a violation of this Chapter.

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