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§ 6906. Lessee's right to reinstate agreement after termination

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 42 Pa.C.S.A. Judiciary and Judicial Procedure

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 42 Pa.C.S.A. Judiciary and Judicial Procedure (Refs & Annos)
Part VI. Actions, Proceedings and Other Matters Generally
Chapter 69. Particular Rights and Immunities (Refs & Annos)
42 Pa.C.S.A. § 6906
§ 6906. Lessee's right to reinstate agreement after termination
Currentness
(a) General rule.--A lessee who fails to make a timely rental payment may reinstate the agreement without losing any rights or options which exist under the agreement by the payment of all of the following within seven days of the renewal date:
(1) All past due rental charges.
(2) The reasonable costs of retrieval and redelivery, if the property has been retrieved.
(3) Any applicable late fee.
(b) Extended reinstatement after return of property.--
(1) In the case of a lessee who has paid less than two-thirds of the total payments necessary to acquire ownership and where the lessee has returned or voluntarily surrendered the property, other than through judicial process, during the applicable reinstatement period set forth in subsection (a), the lessee may reinstate the agreement during a period of not less than 90 days after the date of the return of the property.
(2) In the case of a lessee who has paid two-thirds or more of the total of payments necessary to acquire ownership and where the lessee has returned or voluntarily surrendered the property, other than through judicial process, during the applicable period set forth in subsection (a), the lessee may reinstate the agreement during a period of not less than 120 days after the date of the return of the property.
(c) Right to reinstate following repossession.--Nothing in this section shall prevent a lessor from attempting to repossess property during the reinstatement period, but a repossession during the reinstatement period shall not affect the lessee's right to reinstate. Upon reinstatement, the lessor shall provide the lessee with the same property or substitute property of comparable quality and condition.

Credits

1996, July 11, P.L. 607, No. 104, § 6, effective in 60 days.
42 Pa.C.S.A. § 6906, PA ST 42 Pa.C.S.A. § 6906
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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