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§2A-520. Lessee's incidental and consequential damages


Published: 2015

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The Vermont Statutes Online



Title

09A

:
Uniform Commercial Code






Chapter

002A

:
Leases











 

§

2A-520. Lessee's incidental and consequential damages

(1) Incidental

damages resulting from a lessor's default include expenses reasonably incurred

in inspection, receipt, transportation, and care and custody of goods

rightfully rejected or goods the acceptance of which is justifiably revoked,

any commercially reasonable charges, expenses or commissions in connection with

effecting cover, and any other reasonable expense incident to the default.

(2)

Consequential damages resulting from a lessor's default include:

(a) any loss

resulting from general or particular requirements and needs of which the lessor

at the time of contracting had reason to know and which could not reasonably be

prevented by cover or otherwise; and

(b) injury to

person or property proximately resulting from any breach of warranty. (Added

1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995.)