Renting To Own It
Mo. Rev. Stat. § 407.664 — three rental terms to reinstate, for a fee of not more than five dollars
Three rental terms. A consumer who fails to make timely payments has the right to reinstate the original agreement, without losing rights or options previously acquired, within three rental terms after the end of the last term paid on time, if the consumer surrenders the property when the merchant asks.
What it costs. Before reinstating, the merchant may require unpaid rental payments, delinquency charges, a reasonable reinstatement fee of not more than five dollars, and a delivery charge if redelivery is necessary.
The same goods, or as good. On reinstatement the merchant provides the same property or substitute property of comparable quality and condition.
The disclosures the agreement must carry, and the remedies for a violation, are set out in other sections that are not on this page. Whether a particular agreement can still be reinstated is a question for a licensed Missouri attorney.
Sources for this section (1)
- Mo. Rev. Stat. § 407.664 — Reinstatement of a rental-purchase agreement
Legal information, not legal advice. Verified as of October 2026. Applying it to a particular situation is the work of a licensed Missouri attorney.