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Florida Statute 672.502 | Lawyer Caselaw & Research
F.S. 672.502 Case Law from Google Scholar
Statute is currently reporting as:
Link to State of Florida Official Statute Google Search for Amendments to 672.502

The 2023 Florida Statutes (including Special Session C)

Title XXXIX
COMMERCIAL RELATIONS
Chapter 672
UNIFORM COMMERCIAL CODE: SALES
View Entire Chapter
F.S. 672.502
672.502 Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency.
(1) Subject to subsections (2) and (3), and even though the goods have not been shipped, a buyer who has paid a part or all of the price of goods in which she or he has a special property under the provisions of the immediately preceding section may on making and keeping good a tender of any unpaid portion of their price recover them from the seller if:
(a) In the case of goods bought for personal, family, or household purposes, the seller repudiates or fails to deliver as required by the contract; or
(b) In all cases, the seller becomes insolvent within ten days after receipt of the first installment on their price.
(2) The buyer’s right to recover the goods under paragraph (1)(a) vests upon acquisition of a special property, even if the seller has not then repudiated or failed to deliver.
(3) If the identification creating her or his special property has been made by the buyer she or he acquires the right to recover the goods only if they conform to the contract for sale.
History.s. 1, ch. 65-254; s. 578, ch. 97-102; s. 14, ch. 2001-198.
Note.s. 2-502, U.C.C.

F.S. 672.502 on Google Scholar

F.S. 672.502 on Casetext

Amendments to 672.502


Arrestable Offenses / Crimes under Fla. Stat. 672.502
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 672.502.



Annotations, Discussions, Cases:

Cases from cite.case.law:

In CSY YACHT CORPORATION,, 42 B.R. 619 (Bankr. M.D. Fla. 1984)

. . . . § 672.502 (1981). . . . position that they have a right to recover goods from CSY as an insolvent seller under Fla.Stat. § 672.502 . . . Fla.Stat. § 672.502 provides as follows: § 672.502. . . .