Alabama Statutes

§ 7-2A-517 — Revocation of Acceptance of Goods

Alabama·Title 7 Commercial Code·Art. 2A Leases·Div. B Default by Lessor·Part 5 Default
(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 the nonconformity if the lessee’s acceptance was reasonably induced either by the lessor’s assurances or, except in the case of a finance lease, by the difficulty of discovery before acceptance.
(2)Except in the case of a finance lease that is not a consumer lease, a lessee may revoke acceptance of a lot or commercial unit if the lessor defaults under the lease contract and the default substantially impairs the value of that lot or commercial unit to the less

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Alabama § 7-2A-517 (Revocation of Acceptance of Goods) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1992, 2nd Ex. Sess., No. 92-700, p. 92, §517.)

Nearby Sections

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