New York Uniform Commercial Code Law Section 2-A-514 - Waiver of Lessee's Objections.

Section 2-A-514. Waiver of Lessee's Objections.

(1) In rejecting goods, a lessee's failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default:

(a) if, stated seasonably, the lessor or the supplier could have

cured it (Section 2-A-513); or

(b) between merchants if the lessor or the supplier after

rejection has made a request in writing for a full and final

written statement of all defects on which the lessee proposes

to rely.

(2) A lessee's failure to reserve rights when paying rent or other consideration against documents precludes recovery of the payment for defects apparent on the face of the documents.


Last modified: February 3, 2019