§ 554.13508

554.13508 Lessee’s remedies. 1. If a lessor fails to deliver the goods in conformity to the lease contract (section 554.13509) or repudiates the lease contract (section 554.13402), or a lessee rightfullyrejects the goods (section 554.13509) or justifiably revokes acceptance of the goods (section554.13517), then with respect to any goods involved, and with respect to all of the goodsif under an installment lease contract the value of the whole lease contract is substantiallyimpaired (section 554.13510), the lessor is in default under the lease contract and the lesseemay: a. cancel the lease contract (section 554.13505, subsection 1);b. recover so much of the rent and security as has been paid and is just under the circumstances; c. cover and recover damages as to all goods affected whether or not they have been identified to the lease contract (sections 554.13518 and 554.13520), or recover damages fornondelivery (sections 554.13519 and 554.13520); d. exercise any other rights or pursue any other remedies provided in the lease contract.2. If a lessor fails to deliver the goods in conformity to the lease contract or repudiates the lease contract, the lessee may also: a.

hts or pursue any other remedies provided in the lease contract.2. If a lessor fails to deliver the goods in conformity to the lease contract or repudiates the lease contract, the lessee may also: a. if the goods have been identified, recover them (section 554.13522); orb. in a proper case, obtain specific performance or replevy the goods (section 554.13521).3. If a lessor is otherwise in default under a lease contract, the lessee may exercise the rights and pursue the remedies provided in the lease contract, which may include a right tocancel the lease, and in section 554.13519, subsection 3. 4. If a lessor has breached a warranty, whether express or implied, the lessee may recover damages (section 554.13519, subsection 4). 5. On rightful rejection or justifiable revocation of acceptance, a lessee has a security interest in goods in the lessee’s possession or control for any rent and security that has beenpaid and any expenses reasonably incurred in their inspection, receipt, transportation, andcare and custody and may hold those goods and dispose of them in good faith and in acommercially reasonable manner, subject to section 554.13527, subsection 5. 6.

pection, receipt, transportation, andcare and custody and may hold those goods and dispose of them in good faith and in acommercially reasonable manner, subject to section 554.13527, subsection 5. 6. Subject to the provisions of section 554.13407, a lessee, on notifying the lessor of the lessee’s intention to do so, may deduct all or any part of the damages resulting from anydefault under the lease contract from any part of the rent still due under the same leasecontract. 94 Acts, ch 1052, §60Referred to in §554.9102, 554.9109, 554.9110, 554.9309, 554.9325, 554.13511, 554.13512, 554.13518, 554.13527 Sat Dec 23 11:03:30 2023 Iowa Code 2024, Section 554.13508 (24, 0)