California Commercial Code ARTICLE 1 - In General

  • Section 10501.
    (a) Whether the lessor or the lessee is in default under a lease contract is determined by the lease agreement and this division.(b) If the lessor or...
  • Section 10502.
    Except as otherwise provided in this division or the lease agreement, the lessor or lessee in default under the lease contract is not entitled to...
  • Section 10503.
    (a) Except as otherwise provided in this division, the lease agreement may include rights and remedies for default in addition to or in substitution for those...
  • Section 10504.
    (a) Damages payable by either party for default, or any other act or omission, including indemnity for loss or diminution of anticipated tax benefits or loss...
  • Section 10505.
    (a) On cancellation of the lease contract, all obligations that are still executory on both sides are discharged, but any right based on prior default or...
  • Section 10506.
    (a) An action for default under a lease contract, including breach of warranty or indemnity, must be commenced within four years after the cause of action...
  • Section 10507.
    (a) Damages based on market rent (Section 10519 or 10528) are determined according to the rent for the use of the goods concerned for a lease...

Last modified: October 22, 2018