2025 Session Last amended: 2004 session

§ 336.2A-514 — Waiver of Lessee's Objections

Plain-Language Summary

A lessee who rejects leased goods can lose the right to rely on a defect if the lessee failed to point it out. Not naming a particular defect that a reasonable inspection would have revealed bars the lessee from using that defect to justify rejection or prove default if the lessor could have cured it once notified in time, or, between merchants, if the lessor made a written request for a full and final list of all defects relied on. Likewise, paying rent or other consideration against documents without reserving rights bars recovery for defects that were apparent in those documents.

Practical Notes
If you reject leased goods, identify each defect you are relying on, especially one a reasonable inspection would catch, because staying silent can waive it (and between merchants the lessor can demand a written list of all defects). If you pay against documents, reserve your rights in writing, or you may lose the ability to recover for defects that were obvious in the documents.