§ 2A529. Lessor's action for the rent
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 13 Pa.C.S.A. Commercial Code
13 Pa.C.S.A. § 2A529
§ 2A529. Lessor's action for the rent
(a) General rule.--After default by the lessee under the lease contract of the type described in section 2A523(a) or (c)(1) (relating to lessor's remedies) or, if agreed, after other default by the lessee, if the lessor complies with subsection (b), the lessor may recover from the lessee as damages:
(c) Rights of lessor before collection of judgment.--The lessor may dispose of the goods at any time before collection of the judgment for damages obtained pursuant to subsection (a). If the disposition is before the end of the remaining lease term of the lease agreement, the lessor's recovery against the lessee for damages is governed by section 2A527 (relating to lessor's rights to dispose of goods) or 2A528 (relating to lessor's damages for nonacceptance, failure to pay, repudiation or other default), and the lessor will cause an appropriate credit to be provided against a judgment for damages to the extent that the amount of the judgment exceeds the recovery available pursuant to section 2A527 or 2A528.
(e) Remedy if rent not allowable.--After a lessee has wrongfully rejected or revoked acceptance of goods, has failed to pay rent then due or has repudiated (section 2A402), a lessor who is held not entitled to rent under this section must nevertheless be awarded damages for nonacceptance under sections 2A527 and 2A528.
Credits
1992, July 9, P.L. 507, No. 97, § 3, effective in one year.
13 Pa.C.S.A. § 2A529, PA ST 13 Pa.C.S.A. § 2A529
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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