Okla. Stat. tit. 12A, § 2A-517 Revocation of Acceptance of Goods
Library | Oklahoma Statutes |
Edition | 2023 |
Currency | Current through Laws 2023EX1, c. 52. |
Year | 2023 |
Citation | Okla. Stat. tit. 12A, § 2A-517 |
(1) 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:
(a) 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
(b) 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.
(2) Except in the case of a finance lease that is not a consumer lease, a lessee may revoke acceptance of a lot or commercial unit if the lessor defaults under the lease contract and the default substantially impairs the value of that lot or commercial unit to the lessee.
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