N.J. Stat. § 12A:2A-514

Current through L. 2024, c. 80.
Section 12A:2A-514 - Waiver of lessee's objections
(1) In rejecting goods, a lessee's failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default:
(a) if, stated seasonably, the lessor or the supplier could have cured it (12A:2A-513); or
(b) between merchants if the lessor or the supplier after rejection has made a request in writing for a full and final written statement of all defects on which the lessee proposes to rely.
(2) A lessee's failure to reserve rights when paying rent or other consideration against documents precludes recovery of the payment for defects apparent in the documents.

N.J.S. § 12A:2A-514

Amended by L., c. 65,s. 43, eff. 7/1/2013.
L.1994, c.114, s.1.