Regulation M, which governs the leasing of personal property under the Consumer Leasing Act in the United States, stipulates various requirements for lessors, including disclosures to lessees, advertising guidelines, and record-keeping practices. According to Regulation M, lessors are required to retain evidence of compliance with the regulation, including copies of lease agreements and related disclosures, for a minimum of two years after the date disclosures are made to the lessee.
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Cam22
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