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Code · Washington · Title 63 — Personal Property · Chapter 63.19

RCW 63.19.020

151 words·~1 min read·/wa/title-63/chapter-63-19/63-19-020·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Lease-purchase agreements that comply with this chapter are not governed by the laws relating to:
(a)A consumer lease as defined in chapter 63.10 RCW;
(b)A retail installment sale of goods or services as regulated under chapter 63.14 RCW;
(c)A security interest as defined in Title 62A RCW; or
(d)Loans, forbearances of money, goods, or things in action as governed by chapter 19.52 RCW.
(2)This chapter does not apply to the following:
(a)Lease-purchase agreements primarily for business, commercial, or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;
(b)A lease of a safe deposit box;
(c)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; or
(d)A lease of an automobile.
[ 1992 c 134 s 3 .]
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