RCW 62A.2A-529
Lessor's action for the rent.
(1) After default by the lessee under the lease contract of the type described in RCW 62A.2A-523 (1) or (3)(a) or, if agreed, after other default by the lessee, if the lessor complies with subsection (2) of this section, the lessor may recover from the lessee as damages:
(a) For goods accepted by the lessee and not repossessed by or tendered to the lessor, and for conforming goods lost or damaged within a commercially reasonable time after risk of loss passes to the lessee (RCW 62A.2A-219), (i) accrued and unpaid rent as of the date of entry of judgment in favor of the lessor, (ii) the present value as of the same date of the rent for the then remaining lease term of the lease agreement, and (iii) any incidental damages allowed under RCW 62A.2A-530, less expenses saved in consequence of the lessee's default; and
(b) For goods identified to the lease contract if the lessor is unable after reasonable effort to dispose of them at a reasonable price or the circumstances reasonably indicate that effort will be unavailing, (i) accrued and unpaid rent as of the date of entry of judgment in favor of the lessor, (ii) the present value as of the same date of the rent for the then remaining lease term of the lease agreement, and (iii) any incidental damages allowed under RCW 62A.2A-530, less expenses saved in consequence of the lessee's default.
(2) Except as provided in subsection (3) of this section, the lessor shall hold for the lessee for the remaining lease term of the lease agreement any goods that have been identified to the lease contract and are in the lessor's control.
(3) The lessor may dispose of the goods at any time before collection of the judgment for damages obtained pursuant to subsection (1) of this section. If the disposition is before the end of the remaining lease term of the lease agreement, the lessor's recovery against the lessee for damages is governed by RCW 62A.2A-527 or 62A.2A-528, and the lessor will cause an appropriate credit to be provided against a judgment for damages to the extent that the amount of the judgment exceeds the recovery available pursuant to RCW 62A.2A-527 or 62A.2A-528.
(4) Payment of the judgment for damages obtained pursuant to subsection (1) of this section entitles the lessee to the use and possession of the goods not then disposed of for the remaining lease term of and in accordance with the lease agreement.
(5) After default by the lessee under the lease contract of the type described in RCW 62A.2A-523 (1) or (3)(a) or, if agreed, after other default by the lessee, a lessor who is held not entitled to rent under this section must nevertheless be awarded damages for nonacceptance under RCW 62A.2A-527 and 62A.2A-528.
[1993 c 230 § 2A-529.]
NOTES:
Effective date—1993 c 230: See RCW 62A.11-110.
Structure Revised Code of Washington
Title 62A - Uniform Commercial Code
62A.2A-103 - Definitions and index of definitions.
62A.2A-104 - Leases subject to other law.
62A.2A-105 - Territorial application of article to goods covered by certificate of title.
62A.2A-107 - Waiver or renunciation of claim or right after default.
62A.2A-108 - Unconscionability.
62A.2A-201 - Statute of frauds.
62A.2A-202 - Final written expression: Parol or extrinsic evidence.
62A.2A-203 - Seals inoperative.
62A.2A-204 - Formation in general.
62A.2A-206 - Offer and acceptance in formation of lease contract.
62A.2A-208 - Modification, rescission, and waiver.
62A.2A-209 - Lessee under finance lease as beneficiary of supply contract.
62A.2A-210 - Express warranties.
62A.2A-212 - Implied warranty of merchantability.
62A.2A-213 - Implied warranty of fitness for particular purpose.
62A.2A-214 - Exclusion or modification of warranties.
62A.2A-215 - Cumulation and conflict of warranties express or implied.
62A.2A-216 - Third party beneficiaries of express and implied warranties.
62A.2A-218 - Insurance and proceeds.
62A.2A-220 - Effect of default on risk of loss.
62A.2A-221 - Casualty to identified goods.
62A.2A-301 - Enforceability of lease contract.
62A.2A-302 - Title to and possession of goods.
62A.2A-304 - Subsequent lease of goods by lessor.
62A.2A-305 - Sale or sublease of goods by lessee.
62A.2A-306 - Priority of certain liens arising by operation of law.
62A.2A-308 - Special rights of creditors.
62A.2A-309 - Lessor's and lessee's rights when goods become fixtures.
62A.2A-310 - Lessor's and lessee's rights when goods become accessions.
62A.2A-311 - Priority subject to subordination.
62A.2A-401 - Insecurity: Adequate assurance of performance.
62A.2A-402 - Anticipatory repudiation.
62A.2A-403 - Retraction of anticipatory repudiation.
62A.2A-404 - Substituted performance.
62A.2A-405 - Excused performance.
62A.2A-406 - Procedure on excused performance.
62A.2A-407 - Irrevocable promises: Finance leases.
62A.2A-501 - Default: Procedure.
62A.2A-502 - Notice after default.
62A.2A-503 - Modification or impairment of rights and remedies.
62A.2A-504 - Liquidation of damages.
62A.2A-506 - Statute of limitations.
62A.2A-507 - Proof of market rent: Time and place.
62A.2A-508 - Lessee's remedies.
62A.2A-509 - Lessee's rights on improper delivery; rightful rejection.
62A.2A-510 - Installment lease contracts: Rejection and default.
62A.2A-511 - Merchant lessee's duties as to rightfully rejected goods.
62A.2A-512 - Lessee's duties as to rightfully rejected goods.
62A.2A-513 - Cure by lessor of improper tender or delivery; replacement.
62A.2A-514 - Waiver of lessee's objections.
62A.2A-515 - Acceptance of goods.
62A.2A-517 - Revocation of acceptance of goods.
62A.2A-518 - Cover; substitute goods.
62A.2A-520 - Lessee's incidental and consequential damages.
62A.2A-521 - Lessee's right to specific performance or replevin.
62A.2A-522 - Lessee's right to goods on lessor's insolvency.
62A.2A-523 - Lessor's remedies.
62A.2A-524 - Lessor's right to identify goods to lease contract.
62A.2A-525 - Lessor's right to possession of goods.
62A.2A-526 - Lessor's stoppage of delivery in transit or otherwise.
62A.2A-527 - Lessor's rights to dispose of goods.
62A.2A-528 - Lessor's damages for nonacceptance, failure to pay, repudiation, or other default.
62A.2A-529 - Lessor's action for the rent.
62A.2A-530 - Lessor's incidental damages.
62A.2A-531 - Standing to sue third parties for injury to goods.