§ 8.2A-101. Short title
This title shall be known and may be cited as the Uniform Commercial Code — Leases. 1991, c. 536.
§ 8.2A-102. Scope
This title applies to any transaction, regardless of form, that creates a lease. 1991, c. 536.
§ 8.2A-103. Definitions and index of definitions
(1) In this title unless the context otherwise requires: (a) “Buyer in ordinary course of business” means a person who in good faith and without knowledge that the sale to him or her is in violation of the ownership rights or security interest or leasehold interest of a third party in the goods, buys in […]
§ 8.2A-104. Leases subject to other law
(1) A lease, although subject to this title, is also subject to any applicable: (a) Certificate of title statute of this Commonwealth such as Article 2 (§ 46.2-616 et seq.) of Chapter 6 of Title 46.2 and Article 2.1 (§ 29.1-733.2 et seq.) of Chapter 7 of Title 29.1; (b) Certificate of title statute of […]
§ 8.2A-105. Territorial application of title to goods covered by certificate of title
Subject to the provisions of subsection (3) of § 8.2A-304 and subsection (3) of § 8.2A-305, with respect to goods covered by a certificate of title issued under a statute of this Commonwealth or of another jurisdiction, compliance and the effect of compliance or noncompliance with a certificate of title statute are governed by the […]
§ 8.2A-106. Limitation on power of parties to consumer lease to choose applicable law and judicial forum
(1) If the law chosen by the parties to a consumer lease is that of a jurisdiction other than a jurisdiction in which the lessee resides at the time the lease agreement becomes enforceable or within 30 days thereafter or in which the goods are to be used, the choice is not enforceable. (2) If […]
§ 8.2A-107. Waiver or renunciation of claim or right after default
Any claim or right arising out of an alleged default or breach of warranty may be discharged in whole or in part without consideration by a written waiver or renunciation signed and delivered by the aggrieved party. 1991, c. 536.
§ 8.2A-108. Unconscionability
(1) If the court as a matter of law finds a lease contract or any clause of a lease contract to have been unconscionable at the time it was made, the court may refuse to enforce the lease contract, or it may enforce the remainder of the lease contract without the unconscionable clause, or it […]
§ 8.2A-109. Option to accelerate at will
(1) A term providing that one party or his or her successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or “when he or she deems himself or herself insecure” or in words of similar import must be construed to mean that he or she has power to […]