Except in a finance lease, if the lessor at the time the lease contract is made has reason to know of any particular purpose for which the goods are required and that the lessee is relying on the lessor's skill or judgment to select or furnish suitable goods, there is in the lease contract an implied warranty that the goods will be fit for that purpose.
History: 1978 Comp., § 55-2A-213, enacted by Laws 1992, ch. 114, § 29.
OFFICIAL COMMENTS
UCC Official Comments by ALI & the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved.
Uniform Statutory Source: — Section 2-315 [55-2-315 NMSA 1978].
Changes: — Revised to reflect leasing practices and terminology. E.g., All-States Leasing Co. v. Bass, 96 Idaho 873, 879, 538 P.2d 1177, 1183 (1975) (implied warranty of fitness for a particular purpose (Article 2) extends to lease transactions).
"Finance lease". Section 2A-103(1)(g) [55-2A-103 NMSA 1978].
"Goods". Section 2A-103(1)(h) [55-2A-103 NMSA 1978].
"Knows". Section 1-201(25) [55-1-201 NMSA 1978].
"Lease contract". Section 2A-103(1)(l) [55-2A-103 NMSA 1978].
"Lessee". Section 2A-103(1)(n) [55-2A-103 NMSA 1978].
"Lessor". Section 2A-103(1)(p) [55-2A-103 NMSA 1978].
Effective dates. — Laws 1992, ch. 114, § 238 made Laws 1992, ch. 114, § 29 effective July 1, 1992.
Structure New Mexico Statutes
Chapter 55 - Uniform Commercial Code
Part 2 - FORMATION AND CONSTRUCTION OF LEASE CONTRACT
Section 55-2A-201 - Statute of frauds.
Section 55-2A-202 - Final written expression; parol or extrinsic evidence.
Section 55-2A-203 - Seals inoperative.
Section 55-2A-204 - Formation in general.
Section 55-2A-205 - Firm offers.
Section 55-2A-206 - Offer and acceptance in formation of lease contract.
Section 55-2A-208 - Modification, rescission and waiver.
Section 55-2A-209 - Lessee under finance lease as beneficiary of supply contract.
Section 55-2A-210 - Express warranties.
Section 55-2A-212 - Implied warranty of merchantability.
Section 55-2A-213 - Implied warranty of fitness for particular purpose.
Section 55-2A-214 - Exclusion or modification of warranties.
Section 55-2A-215 - Cumulation and conflict of warranties express or implied.
Section 55-2A-216 - Third-party beneficiaries of express and implied warranties.
Section 55-2A-217 - Identification.
Section 55-2A-218 - Insurance and proceeds.
Section 55-2A-219 - Risk of loss.