680.532
Lessor’s rights to residual interest.
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680.532 Lessor’s rights to residual interest.—In addition to any other recovery permitted by this chapter, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor’s residual interest in the goods caused by the default of the lessee.
History.—s. 1, ch. 90-278; s. 46, ch. 98-11.
Notes of Decisions
Cited in 1
case, 2004–2004 · leading case: Air Caledonie International v. AAR Parts Trading, Inc.
Air Caledonie International v. AAR Parts Trading, Inc. (2004)
“Finally, Section 680.532 recognizes the right of the lessor to recover from the lessee for failure to comply with the lease obligations as to the condition of leased goods when returned to the lessor, and provides that, “[i]n addition to any other recovery permitted by this…”
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