North Carolina General Statutes § 25-2A-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 (G.S. 25-2A-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 in the documents. (1993, c. 463, s. 1; 2006-112, s. 39.)

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Last modified: March 23, 2014