Georgia Code § 11-2a-221 - Casualty to Identified Goods.

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 supplier before delivery, or the goods suffer casualty before risk of loss passes to the lessee pursuant to the lease agreement or Code Section 11-2A-219, then:

(a) If the loss is total, the lease contract is avoided; and

(b) If the loss is partial or the goods have so deteriorated as to no longer conform to the lease contract, the lessee may nevertheless demand inspection and at his option either treat the lease contract as avoided or, except in a finance lease that is not a consumer lease, accept the goods with due allowance from the rent payable for the balance of the lease term for the deterioration or the deficiency in quantity but without further right against the lessor.

Section: Previous  11-2a-208  11-2a-209  11-2a-210  11-2a-211  11-2a-212  11-2a-213  11-2a-214  11-2a-215  11-2a-216  11-2a-217  11-2a-218  11-2a-219  11-2a-220  11-2a-221  

Last modified: October 14, 2016