12A:2A-514 - Waiver of lessee's objections - New Jersey Statutes

12A:2A-514.    Waiver of lessee's objections    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 on the face of the documents. 

L.1994,c.114,s.1.