Colo. Rev. Stat. § 4-2.5-533

Current through 11/5/2024 election
Section 4-2.5-533 - Other measures of damages

Notwithstanding any other provision of this article, except as otherwise provided with respect to damages liquidated in the lease agreement (section 4-2.5-504) or otherwise determined pursuant to agreement of the parties (sections 4-1-302 and 4-2.5-503), a party to a lease contract, at his or her option, may recover for the other party's default, in addition to or in lieu of the damages expressly authorized by this article, such additional or different damages as may be necessary to put such party in as good a position as if the other party had performed in accordance with the lease contract, determined in any reasonable manner.

C.R.S. § 4-2.5-533

L. 91: Entire article added, p. 318, § 1, effective 7/1/1992. L. 2006: Entire section amended, p. 496, § 24, effective September 1.

Colorado legislative change. This section was added by Colorado; it has no counterpart in the uniform act.