California Statutes
§ 10517. — 10517. (Amended by Stats. 1991, Ch. 111, Sec. 55.)
California·Code COM Commercial Code - COM·Div. 10. DIVISION 10. PERSONAL PROPERTY LEASES·Ch. 5. CHAPTER 5. Default·Art. 2. ARTICLE 2. Default by Lessor
(a)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:
(1)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
(2)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.
(b)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 lessee.
(c)If the lease agreement so provides, the lessee may revoke ac
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California § 10517. (10517. (Amended by Stats. 1991, Ch. 111, Sec. 55.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1991, Ch. 111, Sec. 55. Effective July 15, 1991.