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South Carolina Code > Title 36 > Chapter 2A – Commercial Code – Leases » LawServer
South Carolina Code > Title 36 > Chapter 2A
South Carolina Code > Title 36 > Chapter 2A – Commercial Code – Leases
§ 36-2A-101 Short title
§ 36-2A-102 Scope
§ 36-2A-103 Definitions and index of definitions
§ 36-2A-104 Leases subject to other law
§ 36-2A-105 Territorial application of chapter to goods covered by certificate of title
§ 36-2A-106 Limitation on power of parties to consumer lease to choose applicable law and judicial forum
§ 36-2A-107 Waiver or renunciation of claim or right after default
§ 36-2A-108 Unconscionability
§ 36-2A-109 Option to accelerate at will
§ 36-2A-201 Statute of frauds
§ 36-2A-202 Final written expression: parol or extrinsic evidence
§ 36-2A-203 Seals inoperative
§ 36-2A-204 Formation in general
§ 36-2A-205 Firm offers
§ 36-2A-206 Offer and acceptance in formation of lease contract
§ 36-2A-208 Modification, rescission and waiver
§ 36-2A-209 Lessee under finance lease as beneficiary of supply contract
§ 36-2A-210 Express warranties
§ 36-2A-211 Warranties against interference and against infringement; lessee ‘ s obligation against infringement
§ 36-2A-212 Implied warranty of merchantability
§ 36-2A-213 Implied warranty of fitness for particular purpose
§ 36-2A-214 Exclusion or modification of warranties
§ 36-2A-215 Cumulation and conflict of warranties express or implied
§ 36-2A-216 Third-party beneficiaries of express and implied warranties
§ 36-2A-217 Identification
§ 36-2A-218 Insurance and proceeds
§ 36-2A-219 Risk of loss
§ 36-2A-220 Effect of default on risk of loss
§ 36-2A-221 Casualty to identified goods
§ 36-2A-301 Enforceability of lease contract
§ 36-2A-302 Title to and possession of goods
§ 36-2A-303 Alienability of party ‘ s interest under lease contract or of lessor ‘ s residual interest in goods; delegation of performance; transfer of rights
§ 36-2A-304 Subsequent lease of goods by lessor
§ 36-2A-305 Sale or sublease of goods by lessee
§ 36-2A-306 Priority of certain liens arising by operation of law
§ 36-2A-307 Priority of liens arising by attachment or levy on, security interests in, and other claims to goods
§ 36-2A-308 Special rights of creditors
§ 36-2A-309 Lessor ‘ s and lessee ‘ s rights when goods become fixtures
§ 36-2A-310 Lessor ‘ s and lessee ‘ s rights when goods become accessions
§ 36-2A-311 Priority subject to subordination
§ 36-2A-401 Insecurity: adequate assurance of performance
§ 36-2A-402 Anticipatory repudiation
§ 36-2A-403 Retraction of anticipatory repudiation
§ 36-2A-404 Substituted performance
§ 36-2A-405 Excused performance
§ 36-2A-406 Procedure on excused performance
§ 36-2A-407 Irrevocable promises: finance leases
§ 36-2A-501 Default: procedure
§ 36-2A-502 Notice after default
§ 36-2A-503 Modification or impairment of rights and remedies
§ 36-2A-504 Liquidation of damages
§ 36-2A-505 Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies
§ 36-2A-506 Statute of limitations
§ 36-2A-507 Proof of market rent: time and place
§ 36-2A-508 Lessee ‘ s remedies
§ 36-2A-509 Lessee ‘ s rights on improper delivery; rightful rejection
§ 36-2A-510 Installment lease contracts: rejection and default
§ 36-2A-511 Merchant lessee ‘ s duties as to rightfully rejected goods
§ 36-2A-512 Lessee ‘ s duties as to rightfully rejected goods
§ 36-2A-513 Cure by lessor of improper tender or delivery; replacement
§ 36-2A-514 Waiver of lessee’s objections
§ 36-2A-515 Acceptance of goods
§ 36-2A-516 Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over
§ 36-2A-517 Revocation of acceptance of goods
§ 36-2A-518 Cover; substitute goods
§ 36-2A-519 Lessee ‘ s damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods
§ 36-2A-520 Lessee ‘ s incidental and consequential damages
§ 36-2A-521 Lessee ‘ s right to specific performance or replevin
§ 36-2A-522 Lessee ‘ s right to goods on lessor ‘ s insolvency
§ 36-2A-523 Lessor ‘ s remedies
§ 36-2A-524 Lessor ‘ s right to identify goods to lease contract
§ 36-2A-525 Lessor ‘ s right to possession of goods
§ 36-2A-526 Lessor ‘ s stoppage of delivery in transit or otherwise
§ 36-2A-527 Lessor ‘ s rights to dispose of goods
§ 36-2A-528 Lessor ‘ s damages for nonacceptance, failure to pay, repudiation, or other default
§ 36-2A-529 Lessor ‘ s action for the rent
§ 36-2A-530 Lessor ‘ s incidental damages
§ 36-2A-531 Standing to sue third parties for injury to goods
§ 36-2A-532 Lessor ‘ s rights to residual interest
Terms Used In South Carolina Code > Title 36 > Chapter 2A
Administrative monitoring: means a form of monitoring by the department beyond the end of the term of supervision in which the only remaining condition of supervision not completed is the payment of financial obligations. See South Carolina Code 24-21-5
Approved electronic monitoring device: means a device approved by the department which is primarily intended to record and transmit information as to the defendant's presence or nonpresence in the home. See South Carolina Code 24-13-1520
Commercial unit: means such a unit of goods as by commercial usage is a single whole for purposes of lease and division of which materially impairs its character or value on the market or in use. See South Carolina Code 36-2A-103
Consumer lease: means a lease that a lessor regularly engaged in the business of leasing or selling makes to a lessee who is an individual and who takes under the lease primarily for a personal, family, or household purpose, if the total payments to be made under the lease contract, excluding payments for options to renew or buy, do not exceed twenty-five thousand dollars. See South Carolina Code 36-2A-103
Court: means a circuit, family, magistrate's, or municipal court having criminal or juvenile jurisdiction to sentence an individual to incarceration for a violation of law, the Department of Probation, Parole and Pardon Services, the Board of Juvenile Parole, and the Department of Corrections. See South Carolina Code 24-13-1520
Department: means , in the case of a juvenile offender, the Department of Juvenile Justice and, in the case of an adult offender, the Department of Probation, Parole and Pardon Services, the Department of Corrections, and any other law enforcement agency created by law. See South Carolina Code 24-13-1520
Director: means the Director of the Department of Corrections. See South Carolina Code 24-13-1310
Fault: means wrongful act, omission, breach, or default. See South Carolina Code 36-2A-103
(D) if the lease is not a consumer lease, the lessor, before the lessee signs the lease contract, informs the lessee in writing (i) of the identity of the person supplying the goods to the lessor, unless the lessee has selected that person and directed the lessor to acquire the goods or the right to possession and use of the goods from that person, (ii) that the lessee is entitled under this chapter to the promises and warranties, including those of any third party, provided to the lessor by the person supplying the goods in connection with or as part of the contract by which the lessor acquired the goods or the right to possession and use of the goods, and (iii) that the lessee may communicate with the person supplying the goods to the lessor and receive an accurate and complete statement of those promises and warranties, including any disclaimers and limitations of them or of remedies. See South Carolina Code 36-2A-103
Goods: means all things that are movable at the time of identification to the lease contract, or are fixtures (Section 36-2A-309), but the term does not include money, documents, instruments, accounts, chattel paper, general intangibles, or minerals or the like, including oil and gas, before extraction. See South Carolina Code 36-2A-103
Hearing officer: means an employee of the department who conducts preliminary hearings to determine probable cause on alleged violations committed by an individual under the supervision of the department and as otherwise provided by law. See South Carolina Code 24-21-5
Installment lease contract: means a lease contract that authorizes or requires the delivery of goods in separate lots to be separately accepted, even though the lease contract contains a clause 'each delivery is a separate lease' or its equivalent. See South Carolina Code 36-2A-103
Lease: means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. See South Carolina Code 36-2A-103
Lease agreement: means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this chapter. See South Carolina Code 36-2A-103
Lease contract: means the total legal obligation that results from the lease agreement as affected by this chapter and any other applicable rules of law. See South Carolina Code 36-2A-103
Leasehold interest: means the interest of the lessor or the lessee under a lease contract. See South Carolina Code 36-2A-103
Lessee: means a person who acquires the right to possession and use of goods under a lease. See South Carolina Code 36-2A-103
Lessor: means a person who transfers the right to possession and use of goods under a lease. See South Carolina Code 36-2A-103
Lien: means a charge against or interest in goods to secure payment of a debt or performance of an obligation, but the term does not include a security interest. See South Carolina Code 36-2A-103
Lot: means a parcel or a single article that is the subject matter of a separate lease or delivery, whether or not it is sufficient to perform the lease contract. See South Carolina Code 36-2A-103
Merchant lessee: means a lessee that is a merchant with respect to goods of the kind subject to the lease. See South Carolina Code 36-2A-103
Participant: means an inmate/offender placed into an electronic monitoring program or into some other suitable program which provides supervision and/or monitoring in the community. See South Carolina Code 24-13-1520
Present value: means the amount as of a date certain of one or more sums payable in the future, discounted to the date certain. See South Carolina Code 36-2A-103
Purchase: includes taking by sale, lease, mortgage, security interest, pledge, gift, or any other voluntary transaction creating an interest in goods. See South Carolina Code 36-2A-103
Shock incarceration program: means a program pursuant to which eligible inmates are ordered by the court to participate in the program and serve ninety days in an incarceration facility, which provides rigorous physical activity, intensive regimentation, and discipline and rehabilitation therapy and programming. See South Carolina Code 24-13-1310
Sublease: means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease. See South Carolina Code 36-2A-103
Supplier: means a person from whom a lessor buys or leases goods to be leased under a finance lease. See South Carolina Code 36-2A-103
Supply contract: means a contract under which a lessor buys or leases goods to be leased. See South Carolina Code 36-2A-103