To amend the Soldiers' and Sailors' Civil Relief Act of 1940 to provide protections to members of the Armed Forces who terminate certain consumer contracts and real estate residential purchase contracts entered into before permanent change of station or deployment orders or motor vehicle leases entered into before military service.
Amends the Soldiers' and Sailors' Civil Relief Act of 1940 to allow a person in military service to terminate a contract for the lease of a motor vehicle, a telecommunications contract, or a contract for the purchase of a residence at any time after: (1) entry into military service; or (2) the date of the lessee's station or deployment orders. (Currently, such a person may terminate only a residential lease and only after entry into military service.)
Requires, in order for such terminations to occur: (1) the call or order to service or the deployment period to be for at least 90 days, in the case of the motor vehicle lease or the telecommunications contract; and (2) the deployment period to be at least 90 days, in the case of the contract for the purchase of a residence.
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