US Lawyer Database

Section 2A-512 – Lessee’s Duties as to Rightfully Rejected Goods

    (1)    Except as otherwise provided with respect to goods that threaten to decline in value speedily (§ 2A-511):         (a)    The lessee, after rejection of goods in the lessee’s possession, shall hold them with reasonable care at the lessor’s or supplier’s disposition for a reasonable time after the lessee’s seasonable notification of rejection;         (b)    If the lessor or the […]

Section 2A-513 – Cure by Lessor of Improper Tender or Delivery; Replacement

    (1)    If any tender or delivery by the lessor or the supplier is rejected because it is nonconforming and the time for performance has not yet expired, the lessor or the supplier may seasonably notify the lessee of the lessor’s or the supplier’s intention to cure and may then make a conforming delivery within the time […]

Section 2A-514 – Waiver of Lessee’s Objections

    (1)    In rejecting goods, a lessee’s failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default:         (a)    If, stated seasonably, the lessor or the supplier could have cured it (§ 2A-513); or         (b)    Between merchants if the lessor or the supplier […]

Section 2A-515 – Acceptance of Goods

    (1)    Acceptance of goods occurs after the lessee has had a reasonable opportunity to inspect the goods and         (a)    The lessee signifies or acts with respect to the goods in a manner that signifies to the lessor or the supplier that the goods are conforming or that the lessee will take or retain them in spite of […]

Section 2A-407 – Irrevocable Promises: Finance Leases

    (1)    In the case of a finance lease that is not a consumer lease the lessee’s promises under the lease contract become irrevocable and independent upon the lessee’s acceptance of the goods.     (2)    A promise that has become irrevocable and independent under subsection (1):         (a)    Is effective and enforceable between the parties and by or against third parties […]

Section 2A-516 – Effect of Acceptance of Goods; Notice of Default; Burden of Establishing Default After Acceptance; Notice of Claim or Litigation to Person Answerable Over

    (1)    A lessee must pay rent for any goods accepted in accordance with the lease contract, with due allowance for goods rightfully rejected or not delivered.     (2)    A lessee’s acceptance of goods precludes rejection of the goods accepted. In the case of a finance lease, other than a consumer lease in which the supplier assisted in the […]

Section 2A-501 – Default: Procedure

    (1)    Whether the lessor or the lessee is in default under a lease contract is determined by the lease agreement and this title.     (2)    If the lessor or the lessee is in default under the lease contract, the party seeking enforcement has rights and remedies as provided in this title and, except as limited by this title, […]

Section 2A-517 – Revocation of Acceptance of Goods

    (1)    A lessee may revoke acceptance of a lot or commercial unit whose nonconformity substantially impairs its value to the lessee if the lessee has accepted it:         (a)    Except in the case of a finance lease, on the reasonable assumption that its nonconformity would be cured and it has not been seasonably cured; or         (b)    Without discovery of […]

Section 2A-502 – Notice After Default

    Except as otherwise provided in this title or the lease agreement, the lessor or lessee in default under the lease contract is not entitled to notice of default or notice of enforcement from the other party to the lease agreement.

Section 2A-518 – Cover; Substitute Goods

    (1)    After a default by a lessor under the lease contract of the type described in § 2A-508(1), or, if agreed, after other default by the lessor, the lessee may cover by making any purchase or lease of or contract to purchase or lease goods in substitution for those due from the lessor.     (2)    Except as otherwise […]