Segregated Disclosures

AAA

DEFINITION of 'Segregated Disclosures'

A series of lender declarations that are required by law to be grouped separately from other documents in a vehicle lease. Segregated disclosures are required by Regulation M, issued by the Board of Governors of the Federal Reserve Board. Regulation M is intended to apply the consumer leasing provisions included in the Truth in Lending Act (Title I, Consumer Credit Protection Act).

INVESTOPEDIA EXPLAINS 'Segregated Disclosures'

The segregated disclosures and other documents make up the vehicle lease, and must be reviewed before signing the lease agreement. Included in the segregated disclosures section of an automobile lease are the date, lessor(s), lessee(s), amount due at lease signing or delivery, monthly payment details, excessive wear and use fees, purchase option terms and other important terms.

RELATED TERMS
  1. Truth In Lending Act - TILA

    A federal law enacted in 1968 with the intention of protecting ...
  2. Security Deposit

    A monetary deposit given to a lender, seller or landlord as proof ...
  3. Lessor

    The owner of an asset that is leased under an agreement to the ...
  4. Disclosure

    The act of releasing all relevant information pertaining to a ...
  5. Lessee

    The person who rents land or property from a lessor. The lessee ...
  6. Equal Credit Opportunity Act - ...

    A regulation created by the U.S. government that states that ...
Related Articles
  1. Budgeting

    Free Car Payment Insurance: What's The Catch?

    Many dealers are offering payment protection plans on new cars. Are they right for you?
  2. Home & Auto

    New Wheels: Lease Or Buy?

    These two major ways to obtain a car have very different advantages and drawbacks. Find out which is best for you.
  3. Home & Auto

    2011 Cars With The Highest Resale Value

    A vehicle is one of the fastest-depreciating assets you own. But not every car loses value at the same rate. Check out the 2011 cars that best retained their resale value.
  4. Home & Auto

    8 Lease Clauses You Need To Know

    If you're renting an apartment this year, beware of signing contracts with these tricky clauses.
  5. Credit & Loans

    Can You Live A Debt-Free Life?

    Avoiding loans goes against the norm but it can be possible - and enjoyable.
  6. Options & Futures

    Analyzing Auto Stocks

    Find out what to consider before taking a ride with stocks from this industry.
  7. Economics

    Janet Yellen Vs. Alan Greenspan: Who Is The Better Fed Head?

    We examine how these two histories Fed chairpeople differ and the impact of their views and actions on the world economy.
  8. Trading Strategies

    Eyeing a Loan? Consider Skipping the Banks

    Peer-to-peer lending platforms, such as Lending Tree, Lending Club and Prosper, offer borrowers newfound leverage. Here's a look.
  9. Economics

    What's the Federal Funds Rate?

    The federal funds rate is the interest rate banks charge each other for overnight loans to meet their reserve requirements.
  10. Credit & Loans

    8 Top Alternatives to Car Title Loans

    Before you sign up for a car title loan, investigate these 8 alternate strategies.

You May Also Like

Hot Definitions
  1. Subsidy

    A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy ...
  2. Sunk Cost

    A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business ...
  3. Technical Skills

    1. The knowledge and abilities needed to accomplish mathematical, engineering, scientific or computer-related duties, as ...
  4. Prepaid Expense

    A type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received ...
  5. Gordon Growth Model

    A model for determining the intrinsic value of a stock, based on a future series of dividends that grow at a constant rate. ...
  6. Cost Accounting

    A type of accounting process that aims to capture a company's costs of production by assessing the input costs of each step ...
Trading Center