Section 445.957 - Prohibited requirementsA lessor shall not require any of the following:
(a) The purchase of insurance by the lessee from the lessor of a leased item.(b) A payment that is in excess or in addition to a normal periodic payment and that is required in order to purchase a leased item at the conclusion of the periodic payments necessary to acquire ownership.(c) A penalty for early termination of a rental-purchase agreement or for the return of an item at any point.(d) A processing fee of any sort.(e) A fee for in-home collection of a payment unless the lessee has expressly agreed to the fee and the amount of the fee is disclosed.(f) A periodic payment or late fee for a rental period beginning after the lessee has returned or surrendered the leased property to the lessor or the lessor's agent.(g) Any charge or fee for reinstatement of the rental-purchase agreement in addition to or in excess of those expressly permitted in section 8.Amended by 2012, Act 584,s 1, eff. 1/3/2013.1984, Act 424, Eff. 3/29/1985.