Sec. 2A.501. DEFAULT: PROCEDURE. (a) Whether the lessor or the lessee is in default under a lease contract is determined by the lease agreement and this chapter.
(b) If the lessor or the lessee is in default under the lease contract, the party seeking enforcement has rights and remedies as provided in this chapter and, except as limited by this chapter, as provided in the lease agreement.
(c) If the lessor or the lessee is in default under the lease contract, the party seeking enforcement may reduce the party's claim to judgment or otherwise enforce the lease contract by self-help or any available judicial procedure or nonjudicial procedure, including administrative proceeding, arbitration, or the like, in accordance with this chapter.
(d) Except as otherwise provided by Section 1.305(a) or this chapter or the lease agreement, the rights and remedies referred to in Subsections (b) and (c) are cumulative.
(e) If the lease agreement covers both real property and goods, the party seeking enforcement may proceed under this subchapter as to the goods, or under other applicable law as to both the real property and the goods in accordance with that party's rights and remedies in respect of the real property, in which case this subchapter does not apply.
Added by Acts 1993, 73rd Leg., ch. 570, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 2003, 78th Leg., ch. 542, Sec. 5, eff. Sept. 1, 2003.
Structure Texas Statutes
Title 1 - Uniform Commercial Code
Section 2A.501. Default: Procedure
Section 2A.502. Notice After Default
Section 2A.503. Modification or Impairment of Rights and Remedies
Section 2A.504. Liquidation of Damages
Section 2A.506. Statute of Limitations
Section 2A.507. Proof of Market Rent
Section 2A.508. Lessee's Remedies
Section 2A.509. Lessee's Rights on Improper Delivery; Rightful Rejection
Section 2A.510. Installment Lease Contracts: Rejection and Default
Section 2A.511. Merchant Lessee's Duties as to Rightfully Rejected Goods
Section 2A.512. Lessee's Duties as to Rightfully Rejected Goods
Section 2A.513. Cure by Lessor of Improper Tender or Delivery; Replacement
Section 2A.514. Waiver of Lessee's Objections
Section 2A.515. Acceptance of Goods
Section 2A.517. Revocation of Acceptance of Goods
Section 2A.518. Cover; Substitute Goods
Section 2A.520. Lessee's Incidental and Consequential Damages
Section 2A.521. Lessee's Right to Specific Performance, Replevin, and Other Remedies
Section 2A.522. Lessee's Right to Goods on Lessor's Insolvency
Section 2A.523. Lessor's Remedies
Section 2A.524. Lessor's Right to Identify Goods to Lease Contract
Section 2A.525. Lessor's Right to Possession of Goods
Section 2A.526. Lessor's Stoppage of Delivery in Transit or Otherwise
Section 2A.527. Lessor's Rights to Dispose of Goods
Section 2A.528. Lessor's Damages for Nonacceptance, Failure to Pay, Repudiation, or Other Default
Section 2A.529. Lessor's Action for the Rent
Section 2A.530. Lessor's Incidental Damages
Section 2A.531. Standing to Sue Third Parties for Injury to Goods