If the lessor fails to comply with Section 2985.8, as an alternative to an action under Section 2988.5, the lessee may rescind the contract if the failure to comply was willful, or if correction will increase the amount of the contract balance, unless the lessor waives the collection of the increased amount.

(Added by Stats. 1976, Ch. 1284.)

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Terms Used In California Civil Code 2988.7

  • Contract: A legal written agreement that becomes binding when signed.
  • will: includes codicil. See California Civil Code 14