Florida Statute 680.407 - Full Text and Legal Analysis

The 2024 Florida Statutes (including 2025 Special Session C)

Title XXXIX
COMMERCIAL RELATIONS

Chapter 680
UNIFORM COMMERCIAL CODE: LEASES

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F.S. 680.407

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.

F.S. 680.407 on Google Scholar

F.S. 680.407 on CourtListener

Amendments to 680.407

Annotations, Discussions, Cases:

Cases Citing Statute 680.407

Total Results: 2

Leasetec Corp. v. Orient Systems, Inc.

85 F. Supp. 2d 1310, 1999 U.S. Dist. LEXIS 21586, 1999 WL 1448211

District Court, S.D. Florida | Filed: Nov 30, 1999 | Docket: 2367958

Cited 5 times | Published

warranty disclaimers discussed above. Fla. Stat. § 680.407 codifies the enforceability of "hell or high water"

DLL v. Cricket's Termite Control

942 So. 2d 1001, 2006 WL 3452574

District Court of Appeal of Florida | Filed: Dec 1, 2006 | Docket: 1471510

Cited 2 times | Published

"hell-or-high-water" clause[4] to finance leases pursuant to section 680.407, Florida Statutes, and section 72A.4070, Oregon