§ 2A506. Statute of limitations.
(a) General rule.--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 not less than one year.
(b) Accrual of cause of action.--A cause of action for default accrues when the act or omission on which the default or breach of warranty is based is or should have been discovered by the aggrieved party, or when the default occurs, whichever is later. A cause of action for indemnity accrues when the act or omission on which the claim for indemnity is based is or should have been discovered by the indemnified party, whichever is later.
(c) New action after termination of another.--If an action commenced within the time limited by subsection (a) is so terminated as to leave available a remedy by another action for the same default or breach of warranty or indemnity, the other action may be commenced after the expiration of the time limited and within six months after the termination of the first action unless the termination resulted from voluntary discontinuance or from dismissal for failure or neglect to prosecute.
(d) Unaffected laws and actions.--This section does not alter the law on tolling of the statute of limitations nor does it apply to causes of action that have accrued before this division becomes effective.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Section 2A501 - Default: procedure
Section 2A502 - Notice after default
Section 2A503 - Modification or impairment of rights and remedies
Section 2A504 - Liquidation of damages
Section 2A506 - Statute of limitations
Section 2A507 - Proof of market rent: time and place
Section 2A508 - Lessee's remedies
Section 2A509 - Lessee's rights on improper delivery; rightful rejection
Section 2A510 - Installment lease contracts: rejection and default
Section 2A511 - Merchant lessee's duties as to rightfully rejected goods
Section 2A512 - Lessee's duties as to rightfully rejected goods
Section 2A513 - Cure by lessor of improper tender or delivery; replacement
Section 2A514 - Waiver of lessee's objections
Section 2A515 - Acceptance of goods
Section 2A517 - Revocation of acceptance of goods
Section 2A518 - Cover; substitute goods
Section 2A520 - Lessee's incidental and consequential damages
Section 2A521 - Lessee's right to specific performance or replevin
Section 2A522 - Lessee's right to goods on lessor's insolvency
Section 2A523 - Lessor's remedies
Section 2A524 - Lessor's right to identify goods to lease contract
Section 2A525 - Lessor's right to possession of goods
Section 2A526 - Lessor's stoppage of delivery in transit or otherwise
Section 2A527 - Lessor's rights to dispose of goods
Section 2A528 - Lessor's damages for nonacceptance, failure to pay, repudiation or other default
Section 2A529 - Lessor's action for the rent
Section 2A530 - Lessor's incidental damages
Section 2A531 - Standing to sue third parties for injury to goods