{"data":{"id":"us-de/6-del.-c.-7612","jurisdiction":"us-de","citation":"6 Del. C. § 7612","heading":"Receipts; acknowledgement of payment in full for ownership.","body":"(a) If a lessee so requests, the lessor must give or forward to the lessee a receipt for any payment made in cash. The lessor must also furnish, upon the lessee’s request, an accounting of all charges, payments and their dates in connection with a lease-purchase agreement. A charge of $5.00 may be imposed upon the lessee by the lessor for the second and each subsequent accounting request by the lessee in a 12-month period.\n(b) After all lease payments necessary to acquire ownership have been made by a lessee or the lessee has exercised an early purchase option pursuant to § 7603(a)(8) of this title, and upon demand by the lessee, the lessor shall deliver, or mail to the lessee’s last known address, such 1 or more good and sufficient instruments as shall be necessary to acknowledge the lessee’s full ownership in the property to which the lessee acquired ownership pursuant to the lease-purchase agreement.","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#7612","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:08Z","sha256":"86f2ee9fcec5881587f06bfbd471e1d5f3107747d8fc95b55c2c4872c6c4f9a8","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-7611","next":"us-de/6-del.-c.-7613"},"notice":"GroundRules: Original legal text. Not legal advice."}
