70A-2a-517 - Revocation of acceptance of goods.
70A-2a-517. Revocation of acceptance of goods.
(1) A lessee may revoke acceptance of a lot or commercial unit whose nonconformitysubstantially impairs its value to the lessee if the lessee has accepted it:
(a) except in the case of a finance lease, on the reasonable assumption that itsnonconformity would be cured and it has not been seasonably cured; or
(b) without discovery of the nonconformity if the lessee's acceptance was reasonablyinduced either by the lessor's assurances or, except in the case of a finance lease, by the difficultyof discovery before acceptance.
(2) Except in the case of a finance lease that is not a consumer lease, a lessee may revokeacceptance of a lot or commercial unit if the lessor defaults under the lease contract and thedefault substantially impairs the value of that lot or commercial unit to the lessee.
(3) If the lease agreement so provides, the lessee may revoke acceptance of a lot orcommercial unit because of other defaults by the lessor.
(4) Revocation of acceptance must occur within a reasonable time after the lesseediscovers or should have discovered the ground for it and before any substantial change incondition of the goods which is not caused by the nonconformity. Revocation is not effectiveuntil the lessee notifies the lessor.
(5) A lessee who so revokes has the same rights and duties with regard to the goodsinvolved as if the lessee had rejected them.
Amended by Chapter 237, 1993 General Session