The Vermont Statutes Online
Uniform Commercial Code
2A-517. Revocation of acceptance of goods
(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
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.
(3) If the lease
agreement so provides, the lessee may revoke acceptance of a lot or commercial
unit because of other defaults by the lessor.
of acceptance must occur within a reasonable time after the lessee discovers or
should have discovered the ground for it and before any substantial change in
condition of the goods which is not caused by the nonconformity. Revocation is
not effective until the lessee notifies the lessor.
(5) A lessee who
so revokes has the same rights and duties with regard to the goods involved as
if the lessee had rejected them. (Added 1993, No. 158 (Adj. Sess.), § 10, eff.
Jan. 1, 1995.)