12 chapters · 623 sections in this title.
09A V.S.A. ch. 002A, § 504 Liquidation of damages
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§ 2A—504. Liquidation of damages (1) Damages payable by either party for default, or any other act or omission, including indemnity for loss or diminution of anticipated tax benefits or loss or damage to lessor’s residual interest, may be liquidated in the lease agreement but onl…
09A V.S.A. ch. 002A, § 505 Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies
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§ 2A—505. Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies (1) On cancellation of the lease contract, all obligations that are still executory on both sides are discharged, but any right based on prior default or pe…
09A V.S.A. ch. 002A, § 506 Statute of limitations
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§ 2A—506. Statute of limitations (1) An action for default under a lease contract, including breach of warranty or indemnity, must be commenced within four years after the cause of action accrued. By the original lease contract the parties may reduce the period of limitation to n…
09A V.S.A. ch. 002A, § 507 Proof of market rent: time and place
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§ 2A—507. Proof of market rent: time and place (1) Damages based on market rent (§ 2A—519 or 2A—528) are determined according to the rent for the use of the goods concerned for a lease term identical to the remaining lease term of the original lease agreement and prevailing at th…