Florida Statute 680.524 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 680
UNIFORM COMMERCIAL CODE: LEASES

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F.S. 680.524

680.524 Lessor’s right to identify goods to lease contract.—

(1) After default by the lessee under the lease contract of the type described in s. 680.523(1) or (3)(a) or, if agreed, after other default by the lessee, the lessor may:

(a) Identify to the lease contract conforming goods not already identified if at the time the lessor learned of the default they were in the lessor’s or the supplier’s possession or control; and

(b) Dispose of goods (s. 680.527(1)) that demonstrably have been intended for the particular lease contract even though those goods are unfinished.

(2) If the goods are unfinished, in the exercise of reasonable commercial judgment for the purposes of avoiding loss and of effective realization, an aggrieved lessor or the supplier may either complete manufacture and wholly identify the goods to the lease contract or cease manufacture and lease, sell, or otherwise dispose of the goods for scrap or salvage value or proceed in any other reasonable manner.

History.—s. 1, ch. 90-278; s. 41, ch. 98-11.

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Amendments to 680.524

Arrestable Offenses / Crimes under Fla. Stat. 680.524

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 680.524.

Annotations, Discussions, Cases:

Cases Citing Statute 680.524

Total Results: 1

Kurecka v. State

Court: Fla. Dist. Ct. App. | Date Filed: 2010-09-29T00:00:00-07:00

Citation: 67 So. 3d 1052

Snippet: 1995) and Oregon v. Village of Bryant, 188 Wis.2d 680, 524 N.W.2d 635 (1994)).[2] Similarly, Florida'