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California Commercial Code

§ 10517

COM § 10517 Effective Jul 15, 1991Div. 10 · Ch. 5 · Art. 2
(a)A lessee may revoke acceptance of a lot or commercial unit whose nonconformity substantially impairs its value to the lessee if the lessee has accepted it:
(1)Except in the case of a finance lease, on the reasonable assumption that its nonconformity would be cured and it has not been seasonably cured; or
(2)Without discovery of the nonconformity if the lessee’s acceptance was reasonably induced either by the lessor’s assurances or, except in the case of a finance lease, by the difficulty of discovery before acceptance.

Legislative history

Amended by Stats. 1991, Ch. 111, Sec. 55. Effective July 15, 1991.

Source: California Commercial Code § 10517 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.