{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-207.23.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-207.23.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-207.23.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-207.23.html"}],"law_id":60515,"edition_id":1,"section_id":60515,"structure_id":15621,"section_number":"59.1-207.23","catch_line":"Reinstatement","history":"1988, c. 24.","full_text":"A\n\nA consumer who fails to make a timely rental payment may reinstate the agreement, without losing any rights or options which exist under the agreement, by the payment of (i) all past due rental charges, (ii) if the property has been picked up, the reasonable costs of pickup and redelivery, and (iii) any applicable late fee, within five days of the renewal date if the consumer pays monthly, or within two days of the renewal date if the consumer pays more frequently than monthly.B\n\nIn the case of a consumer who has paid less than two-thirds of the total of payments necessary to acquire ownership and where the consumer has returned or voluntarily surrendered the property, other than through judicial process, during the applicable reinstatement period set forth in subsection A of this section, the consumer may reinstate the agreement during a period of not less than twenty-one days after the date of the return of the property.C\n\nIn the case of a consumer who has paid two-thirds or more of the total of payments necessary to acquire ownership, and where the consumer has returned or voluntarily surrendered the property, other than through judicial process, during the applicable period set forth in subsection A of this section, the consumer may reinstate the agreement during a period of not less than forty-five days after the date of the return of the property.D\n\nNothing in this section shall prevent a lessor from attempting to repossess property during the reinstatement period, but such a repossession shall not affect the consumer’s right to reinstate. Upon reinstatement, the lessor shall provide the consumer with the same property or substitute property of comparable quality and condition.","order_by":null,"text":{"0":{"id":221251,"text":"A consumer who fails to make a timely rental payment may reinstate the agreement, without losing any rights or options which exist under the agreement, by the payment of (i) all past due rental charges, (ii) if the property has been picked up, the reasonable costs of pickup and redelivery, and (iii) any applicable late fee, within five days of the renewal date if the consumer pays monthly, or within two days of the renewal date if the consumer pays more frequently than monthly.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":221252,"text":"In the case of a consumer who has paid less than two-thirds of the total of payments necessary to acquire ownership and where the consumer has returned or voluntarily surrendered the property, other than through judicial process, during the applicable reinstatement period set forth in subsection A of this section, the consumer may reinstate the agreement during a period of not less than twenty-one days after the date of the return of the property.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":221253,"text":"In the case of a consumer who has paid two-thirds or more of the total of payments necessary to acquire ownership, and where the consumer has returned or voluntarily surrendered the property, other than through judicial process, during the applicable period set forth in subsection A of this section, the consumer may reinstate the agreement during a period of not less than forty-five days after the date of the return of the property.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":221254,"text":"Nothing in this section shall prevent a lessor from attempting to repossess property during the reinstatement period, but such a repossession shall not affect the consumer’s right to reinstate. Upon reinstatement, the lessor shall provide the consumer with the same property or substitute property of comparable quality and condition.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":15621,"edition_id":1,"name":"Virginia Lease-Purchase Agreement Act","identifier":"17.4","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 03:57:00","date_modified":"2026-06-26 03:57:00","permalink":{"id":259915,"object_type":"structure","relational_id":15621,"identifier":"17.4","token":"59.1\/17.4","url":"\/59.1\/17.4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":59658,"structure_id":15621,"section_number":"59.1-207.17","catch_line":"Title","url":"\/59.1-207.17\/","token":"59.1\/17.4\/59.1-207.17","metadata":false},{"id":61779,"structure_id":15621,"section_number":"59.1-207.18","catch_line":"Definitions","url":"\/59.1-207.18\/","token":"59.1\/17.4\/59.1-207.18","metadata":false},{"id":70275,"structure_id":15621,"section_number":"59.1-207.19","catch_line":"Inapplicability of other laws; exempted transactions","url":"\/59.1-207.19\/","token":"59.1\/17.4\/59.1-207.19","metadata":false},{"id":81577,"structure_id":15621,"section_number":"59.1-207.20","catch_line":"General requirements of disclosure","url":"\/59.1-207.20\/","token":"59.1\/17.4\/59.1-207.20","metadata":false},{"id":77057,"structure_id":15621,"section_number":"59.1-207.21","catch_line":"Disclosures","url":"\/59.1-207.21\/","token":"59.1\/17.4\/59.1-207.21","metadata":false},{"id":62428,"structure_id":15621,"section_number":"59.1-207.22","catch_line":"Prohibited practices","url":"\/59.1-207.22\/","token":"59.1\/17.4\/59.1-207.22","metadata":false},{"id":60515,"structure_id":15621,"section_number":"59.1-207.23","catch_line":"Reinstatement","url":"\/59.1-207.23\/","token":"59.1\/17.4\/59.1-207.23","metadata":false},{"id":84991,"structure_id":15621,"section_number":"59.1-207.24","catch_line":"Receipts and accounts","url":"\/59.1-207.24\/","token":"59.1\/17.4\/59.1-207.24","metadata":false},{"id":64667,"structure_id":15621,"section_number":"59.1-207.25","catch_line":"Renegotiations and extensions","url":"\/59.1-207.25\/","token":"59.1\/17.4\/59.1-207.25","metadata":false},{"id":86489,"structure_id":15621,"section_number":"59.1-207.26","catch_line":"Advertising","url":"\/59.1-207.26\/","token":"59.1\/17.4\/59.1-207.26","metadata":false},{"id":68212,"structure_id":15621,"section_number":"59.1-207.27","catch_line":"Enforcement; penalties","url":"\/59.1-207.27\/","token":"59.1\/17.4\/59.1-207.27","metadata":false}],"previous_section":{"id":62428,"structure_id":15621,"section_number":"59.1-207.22","catch_line":"Prohibited practices","url":"\/59.1-207.22\/","token":"59.1\/17.4\/59.1-207.22","metadata":false},"next_section":{"id":84991,"structure_id":15621,"section_number":"59.1-207.24","catch_line":"Receipts and accounts","url":"\/59.1-207.24\/","token":"59.1\/17.4\/59.1-207.24","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-207.23\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 24 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online.<\/p>","references":false,"refers_to":false,"permalink":{"id":259941,"object_type":"law","relational_id":60515,"identifier":"59.1-207.23","token":"59.1\/17.4\/59.1-207.23","url":"\/59.1-207.23\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-207.23\/","token":"59.1\/17.4\/59.1-207.23","dublin_core":{"Title":"Reinstatement","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-207.23","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A consumer<\/span> who fails to make a timely rental payment may reinstate the agreement, without losing any rights or options which exist under the agreement, by the payment of (i) all past due rental charges, (ii) if the property has been picked up, the reasonable costs of pickup and redelivery, and (iii) any applicable late fee, within five days of the renewal date if the consumer<\/span> pays monthly, or within two days of the renewal date if the consumer<\/span> pays more frequently than monthly. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> In the case of a consumer<\/span> who has paid less than two-thirds of the total of payments necessary to acquire ownership and where the consumer<\/span> has returned or voluntarily surrendered the property, other than through judicial process, during the applicable reinstatement period set forth in subsection A of this section, the consumer<\/span> may reinstate the agreement during a period of not less than twenty-one days after the date of the return of the property. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> In the case of a consumer<\/span> who has paid two-thirds or more of the total of payments necessary to acquire ownership, and where the consumer<\/span> has returned or voluntarily surrendered the property, other than through judicial process, during the applicable period set forth in subsection A of this section, the consumer<\/span> may reinstate the agreement during a period of not less than forty-five days after the date of the return of the property. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> Nothing in this section shall prevent a lessor<\/span> from attempting to repossess property during the reinstatement period, but such a repossession shall not affect the consumer<\/span>’s right to reinstate. Upon reinstatement, the lessor<\/span> shall provide the consumer<\/span> with the same property or substitute property of comparable quality and condition. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nREINSTATEMENT (\u00a7 59.1-207.23)\n\nA. A consumer who fails to make a timely rental payment may reinstate the\nagreement, without losing any rights or options which exist under the agreement,\nby the payment of (i) all past due rental charges, (ii) if the property has been\npicked up, the reasonable costs of pickup and redelivery, and (iii) any\napplicable late fee, within five days of the renewal date if the consumer pays\nmonthly, or within two days of the renewal date if the consumer pays more\nfrequently than monthly.\n\nB. In the case of a consumer who has paid less than two-thirds of the total of\npayments necessary to acquire ownership and where the consumer has returned or\nvoluntarily surrendered the property, other than through judicial process,\nduring the applicable reinstatement period set forth in subsection A of this\nsection, the consumer may reinstate the agreement during a period of not less\nthan twenty-one days after the date of the return of the property.\n\nC. In the case of a consumer who has paid two-thirds or more of the total of\npayments necessary to acquire ownership, and where the consumer has returned or\nvoluntarily surrendered the property, other than through judicial process,\nduring the applicable period set forth in subsection A of this section, the\nconsumer may reinstate the agreement during a period of not less than forty-five\ndays after the date of the return of the property.\n\nD. Nothing in this section shall prevent a lessor from attempting to repossess\nproperty during the reinstatement period, but such a repossession shall not\naffect the consumer’s right to reinstate. Upon reinstatement, the lessor\nshall provide the consumer with the same property or substitute property of\ncomparable quality and condition.\n\nHISTORY: 1988, c. 24.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}