Disclosures

Information on the financial terms and other terms and conditions of a lease, including information required by federal regulation (Regulation M) and by state laws. Required disclosures must be made in writing before the lease is consummated. Advertisements that include key lease terms (the amount of any payment or a statement of payments due before consummation or delivery) must also include certain disclosures. Under Regulation M, certain disclosures must be grouped together and segregated from other information (see Segregated disclosures). Other required disclosures must appear elsewhere in the lease documents (see Nonsegregated disclosures).

Source: Federal Reserve Board

Last reviewed October 2023