{"data":{"id":"us-de/6-del.-c.-7602","jurisdiction":"us-de","citation":"6 Del. C. § 7602","heading":"Inapplicability of other laws; exempted transactions.","body":"(a) Lease-purchase agreements which comply with this chapter are not governed by the laws relating to:\n(1) A “retail installment contract” or “contract” as defined in § 4301(9) of this title.\n(2) A “security interest” as defined in § 1-201(35) of this title.\n(b) This chapter does not apply to the following:\n(1) Lease-purchase agreements primarily for business, commercial or agricultural purposes, or those made with governmental agencies or instrumentalities or with organizations;\n(2) A lease of safe deposit box;\n(3) A lease or bailment of personal property along with the lease of real property;\n(4) A lease of an automobile; or\n(5) The lease of real property and/or the fixed improvements thereon.","path":["Title 6. Commerce and Trade","SUBTITLE IV","Commercial Development","CHAPTER 76. Delaware Lease-Purchase Agreement Act"],"source_url":"https://delcode.delaware.gov/title6/c076/index.html#7602","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:08Z","sha256":"53bba4d16efeae2cdacd6e101b196f31f2f24fa727c98cd7e152beca080949e6","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-7601","next":"us-de/6-del.-c.-7603"},"notice":"GroundRules: Original legal text. Not legal advice."}