Florida Statutes

Fla. Stat. § 680.407 (2025)

Irrevocable promises: finance leases.

✓ 2025 Florida Statutes — current through the 2025 Regular Session
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680.407 Irrevocable promises: finance leases.
(1) In the case of a finance lease that is not a consumer lease, the lessee’s promises under the lease contract become irrevocable and independent upon the lessee’s acceptance of the goods.
(2) A promise that has become irrevocable and independent under subsection (1):
(a) Is effective and enforceable between the parties, and by or against third parties including assignees of the parties.
(b) Is not subject to cancellation, termination, modification, repudiation, excuse, or substitution without the consent of the party to whom the promise runs.
(3) This section shall not affect the validity under any other law of a covenant in any lease contract making the lessee’s promises irrevocable and independent upon the lessee’s acceptance of the goods.
History.s. 1, ch. 90-278.
Notes of Decisions
Cited in 2 cases, 1999–2006 · leading case: DLL v. Cricket's Termite Control, 942 So. 2d 1001 (Fla. 5th DCA 2006).
DLL v. Cricket's Termite Control, 942 So. 2d 1001 (Fla. 5th DCA 2006). · cites it 4× “See § 680.407, Fla. Stat. (2003) (UCC Cmt. 1); Or.”
Leasetec Corp. v. Orient Sys., Inc., 85 F. Supp. 2d 1310 (S.D. Fla. 1999). · cites it 2× “Fla. Stat. § 680.407 codifies the enforceability of “hell or high water” clauses.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.

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