Validity of equipment lease if unsigned?

Question

I ordered a product for my car that I am supposed to lease for a period of six months. The product was sent straight to the installer and was installed. I received the lease in the mail that I am supposed to sign and mail back to them. However, I do not like the product and want to return it. Do I still have to abide by the lease agreement even though I have not signed the lease and mailed it back to them?

Answer 1

If you live in the United States, the statue that presides over this is the Uniform Commercial Code (or UCC for short). This statute, specifically section 2A, helped harmonize US laws on lease laws - especially in the case of small consumer transactions.

Note that the UCC can be supplemented by state consumer protection laws, so you need to look at laws specific to your state.

Here's your answer:

If the total payments of the lease over the lease is less than $1,000 than a written contract is not needed. They can enforce lease payments without a written contract. There are some defenses to this (e.g. coersion, illegal contract) - but then the onus is on you, not them.

If you have taken possession of the leased good, then you are liable for damage and usage. In other words, your window of opportunity to reject the good is at the installer.

If the lease payments were over $1,000 total and you didn't sign the contract, then you don't have to pay the lease payments - but if you took possesion of the good, you can be sued for damaged and have a lien taken against you.

Answer 2

Many states might evaluate the lease addendum invalid by way of not being signed. even with the undeniable fact that, you will could look into your states landlord tenant regulations very heavily to ensure. some states evaluate the lease extension/addendum valid in case you remained in the apartment and paid lease as quickly as the extension exchange into provided. In those states, by utilising agreeing to proceed to be and pay lease, you agreed to stay for yet another 12 months.