Code of Virginia - Title 8.2A Commercial Code - Leases - Part 2 Formation And Construction Of Lease Contract
- 8.2A-201 Statute of Frauds
(1) A lease contract is not enforceable by way of action or defense unless: (a) The total payments to be made under the lease contract, ...
- 8.2A-202 Final written expression: parol or extrinsic evidence
Terms with respect to which the confirmatory memoranda of the parties agree or which are otherwise set forth in a writing intended by the parties ...
- 8.2A-203 Seals inoperative
The affixing of a seal to a writing evidencing a lease contract or an offer to enter into a lease contract does not render the ...
- 8.2A-204 Formation in general
(1) A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties which recognizes the existence of a ...
- 8.2A-205 Firm offers
An offer by a merchant to lease goods to or from another person in a signed writing that by its terms gives assurance it will ...
- 8.2A-206 Offer and acceptance in formation of lease contract
(1) Unless otherwise unambiguously indicated by the language or circumstances, an offer to make a lease contract must be construed as inviting acceptance in any ...
- 8.2A-207 Description unavailable
Repealed by Acts 2003, c. 353. ...
- 8.2A-208 Modification, rescission and waiver
(1) An agreement modifying a lease contract needs no consideration to be binding. (2) A signed lease agreement that excludes modification or rescission except by ...
- 8.2A-209 Lessee under finance lease as beneficiary of supply contract
(1) The benefit of a supplier's promises to the lessor including those of any third party provided in connection with or as part of the ...
- 8.2A-210 Express warranties
(1) Express warranties by the lessor are created as follows: (a) Any affirmation of fact or promise made by the lessor to the lessee which ...
- 8.2A-211 Warranties against interference and against infringement; lessee's obligation against infringemen...
(1) There is in a lease contract a warranty that for the lease term no person holds a claim to or interest in the goods ...
- 8.2A-212 Implied warranty of merchantability
(1) Except in a finance lease, a warranty that the goods will be merchantable is implied in a lease contract if the lessor is a ...
- 8.2A-213 Implied warranty of fitness for particular purpose
Except in a finance lease, if the lessor at the time the lease contract is made has reason to know of any particular purpose for ...
- 8.2A-214 Exclusion or modification of warranties
(1) Words or conduct relevant to the creation of an express warranty and words or conduct tending to negate or limit a warranty must be ...
- 8.2A-215 Cumulation and conflict of warranties express or implied
Warranties, whether express or implied, must be construed as consistent with each other and as cumulative, but if that construction is unreasonable, the intention of ...
- 8.2A-216 Third-party beneficiaries of express and implied warranties
Lack of privity between the plaintiff and the defendant shall be no defense in any action brought against the manufacturer or lessor of goods, other ...
- 8.2A-217 Identification
Identification of goods as goods to which a lease contract refers may be made at any time and in any manner explicitly agreed to by ...
- 8.2A-218 Insurance and proceeds
(1) A lessee obtains an insurable interest when existing goods are identified to the lease contract even though the goods identified are nonconforming and the ...
- 8.2A-219 Risk of loss
(1) Except in the case of a finance lease, risk of loss is retained by the lessor and does not pass to the lessee. In ...
- 8.2A-220 Effect of default on risk of loss
(1) Where risk of loss is to pass to the lessee and the time of passage is not stated: (a) If a tender or delivery ...
- 8.2A-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 ...
Last modified: April 3, 2009