Ohio § 1310.69 Lessor's remedies - (UCC 2A-523)

Ohio Statutes

§ 1310.69 — Lessor's remedies - (UCC 2A-523)

Ohio § 1310.69

Title 13Commercial Transactions

Ch. 1310Leases

This text of Ohio § 1310.69 (Lessor's remedies - (UCC 2A-523)) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1310.69 (2026).

Text

(A)If a lessee wrongfully rejects or revokes acceptance of goods, fails to make a payment when due, or repudiates with respect to a part or the whole, then, with respect to any goods involved and with respect to all of the goods if under an installment lease contract the value of the whole lease contract is substantially impaired as provided in section1310.56of the Revised Code, the lessee is in default under the lease contract, and the lessor may do one or more of the following:

(1)Cancel the lease contract as provided in division (A) of section1310.51of the Revised Code;

(2)Proceed respecting goods not identified to the lease contract as provided in section1310.70of the Revised Code;

(3)Withhold delivery of the goods and take possession of goods previously delivered as provided in

Free access — add to your briefcase to read the full text and ask questions with AI

(A) If a lessee wrongfully rejects or revokes acceptance of goods, fails to make a payment when due, or repudiates with respect to a part or the whole, then, with respect to any goods involved and with respect to all of the goods if under an installment lease contract the value of the whole lease contract is substantially impaired as provided in section1310.56of the Revised Code, the lessee is in default under the lease contract, and the lessor may do one or more of the following:

(1) Cancel the lease contract as provided in division (A) of section1310.51of the Revised Code;

(2) Proceed respecting goods not identified to the lease contract as provided in section1310.70of the Revised Code;

(3) Withhold delivery of the goods and take possession of goods previously delivered as provided in section1310.71of the Revised Code;

(4) Stop delivery of the goods by any bailee as provided in section1310.72of the Revised Code;

(5) Dispose of the goods and recover damages as provided in section1310.73of the Revised Code, retain the goods and recover damages as provided in section1310.74of the Revised Code, or in a proper case recover rent as provided in section1310.75of the Revised Code;

(6) Exercise any other rights or pursue any other remedies provided in the lease contract.

(B) If a lessor does not fully exercise a right or obtain a remedy to which the lessor is entitled under division (A) of this section, the lessor may recover the loss resulting in the ordinary course of events from the lessee's default as determined in any reasonable manner, together with incidental damages, less expenses saved in consequence of the lessee's default.

(C) If a lessee is otherwise in default under a lease contract, the lessor may exercise the rights and pursue the remedies provided in the lease contract, which may include a right to cancel the lease. In addition, unless otherwise provided in the lease contract, either of the following applies:

(1) If the default substantially impairs the value of the lease contract to the lessor, the lessor may exercise the rights and pursue the remedies provided in division (A) or (B) of this section.

(2) If the default does not substantially impair the value of the lease contract to the lessor, the lessor may recover as provided in division (B) of this section.