Are there restrictions on buying movies/video games with the intention of renting them?
My store will mainly rent video games that I will acquire both new and used.
Violations can carry very stiff penalties under various federal laws. If you're serious about starting this kind of business, you must speak to the game makers to find out what kind of license arrangements they deem acceptable. And get an attorney on board to review any license or other agreements they provide to you.
Nina L. Kaufman, Esq. is an award-winning New York City attorney, edutainer and author. Under her Ask The Business Lawyer brand, she reaches thousands of entrepreneurs and small business owners with her legal services, professional speaking, information products, and LexAppeal weekly ezine. She also writes the Making It Legal blog.