N.Y. U.C.C. Law § 2-A-514

Current through 2024 NY Law Chapters 1-59 and 61-121
Section 2-A-514 - Waiver of Lessee's Objections
(1) In rejecting goods, a lessee's failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default:
(a) if, stated seasonably, the lessor or the supplier could have cured it (Section 2-A-513); or
(b) between merchants if the lessor or the supplier after rejection has made a request in writing for a full and final written statement of all defects on which the lessee proposes to rely.
(2) A lessee's failure to reserve rights when paying rent or other consideration against documents precludes recovery of the payment for defects apparent on the face of the documents.

N.Y. U.c.c. Law § 2-A-514