411.514 Waiver of lessee's objections. - Wisconsin Statutes

411.514

411.514 Waiver of lessee's objections.

411.514(1)

(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 if any of the following circumstances exists:

411.514(1)(a)

(a) The lessor or the supplier could have cured the defect if the defect had been seasonably stated.

411.514(1)(b)

(b) Between merchants, the lessor or the supplier, after rejection, made a request in writing for a full and final written statement of all defects on which the lessee proposes to rely.

411.514(2)

(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.

411.514 - ANNOT.

NOTE: Sub. (2) is shown as amended eff. 8-1-10 by 2009 Wis. Act 322. Prior to 8-1-10 it reads:

411.514 - ANNOT.

(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.

411.514 - ANNOT.

History: 1991 a. 148; 2009 a. 322.