CHAPTER 2. Formation and Construction of Lease Contract [10201. - 10221.]
Chapter 2 added by Stats. 1988, Ch. 1359, Sec. 5.
§§ 10201–10221 · 18 sections
- § 10201 (a) A lease contract is not enforceable by way of action or defense unless: (1) In a lease contract that is not a consumer lease, the total payments to be made…
- § 10202 Terms with respect to which the confirmatory memoranda of the parties agree or which are otherwise set forth in a record intended by the parties as a final…
- § 10204 (a) A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties which recognizes the existence of a lease…
- § 10205 An offer by a merchant to lease goods to or from another person in a signed record that by its terms gives assurance it will be held open is not revocable, for…
- § 10206 (a) Unless otherwise unambiguously indicated by the language or circumstances, an offer to make a lease contract must be construed as inviting acceptance in…
- § 10208 (a) An agreement modifying a lease contract needs no consideration to be binding. (b) A signed lease agreement that excludes modification or rescission except…
- § 10209 (a) The benefit of a supplier’s promises to the lessor under the supply contract and of all warranties, whether express or implied, including those of any…
- § 10210 (a) Express warranties by the lessor are created as follows: (1) Any affirmation of fact or promise made by the lessor to the lessee which relates to the goods…
- § 10211 (a) There is in a lease contract a warranty that for the lease term no person holds a claim to or interest in the goods that arose from an act or omission of…
- § 10212 (a) Except in a finance lease, a warranty that the goods will be merchantable is implied in a lease contract if the lessor is a merchant with respect to goods…
- § 10213 Except in a finance lease, if the lessor at the time the lease contract is made has reason to know of any particular purpose for which the goods are required…
- § 10214 (a) Words or conduct relevant to the creation of an express warranty and words or conduct tending to negate or limit a warranty must be construed wherever…
- § 10215 Warranties, whether express or implied, must be construed as consistent with each other and as cumulative, but if that construction is unreasonable, the…
- § 10217 Identification of goods as goods to which a lease contract refers may be made at any time and in any manner explicitly agreed to by the parties. In the absence…
- § 10218 (a) A lessee obtains an insurable interest when existing goods are identified to the lease contract even though the goods identified are nonconforming and the…
- § 10219 (a) Except in the case of a finance lease, risk of loss is retained by the lessor and does not pass to the lessee. In the case of a finance lease, risk of loss…
- § 10220 (a) Where risk of loss is to pass to the lessee and the time of passage is not stated: (1) If a tender or delivery of goods so fails to conform to the lease…
- § 10221 If a lease contract requires goods identified when the lease contract is made, and the goods suffer casualty without fault of the lessee, the lessor, or the…