Source: https://law.lis.virginia.gov/vacodefull/title8.2A/part1/
Timestamp: 2019-04-20 04:12:36
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Code of Virginia Code - Part 1. General Provisions.
Table of Contents » Title 8.2A. Commercial Code -- Leases » Part 1. General Provisions
§ 8.2A-101. Short title.
This title shall be known and may be cited as the Uniform Commercial Code -- Leases.
§ 8.2A-102. Scope.
This title applies to any transaction, regardless of form, that creates a lease.
§ 8.2A-103. Definitions and index of definitions.
(1) In this title unless the context otherwise requires:
(D) If the lease is not a consumer lease, the lessor, before the lessee signs the lease contract, informs the lessee in writing (a) 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, (b) that the lessee is entitled under this title 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 (c) 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.
(h) "Goods" means all things that are movable at the time of identification to the lease contract, or are fixtures (§ 8.2A-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. The term also includes the unborn young of animals.
(k) "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 title. Unless the context clearly indicates otherwise, the term includes a sublease agreement.
(l) "Lease contract" means the total legal obligation that results from the lease agreement as affected by this title and any other applicable rules of law. Unless the context clearly indicates otherwise, the term includes a sublease contract.
(2) Other definitions applying to this title and the sections in which they appear are:
"Accessions" § 8.2A-310 (1).
"Construction mortgage" § 8.2A-309 (1) (d).
"Encumbrance" § 8.2A-309 (1) (e).
"Fixture filing" § 8.2A-309 (1) (b).
"Fixtures" § 8.2A-309 (1) (a).
"Purchase money lease" § 8.2A-309 (1) (c).
(3) The following definitions in other titles apply to this title:
"Account" § 8.9A-102 (a) (2).
"Between merchants" § 8.2-104 (3).
"Buyer" § 8.2-103 (1) (a).
"Chattel paper" § 8.9A-102 (a) (11).
"Consumer goods" § 8.9A-102 (a) (23).
"Document" § 8.9A-102 (a) (30).
"Entrusting" § 8.2-403 (3).
"General intangible" § 8.9A-102 (a) (42).
"Good faith" § 8.2-103 (1) (b).
"Instrument" § 8.9A-102 (a) (47).
"Merchant" § 8.2-104 (1).
"Mortgage" § 8.9A-102 (a) (55).
"Pursuant to commitment" § 8.9A-102 (a)(69).
"Receipt" § 8.2-103 (1) (c).
"Sale" § 8.2-106 (1).
"Sale on approval" § 8.2-326.
"Sale or return" § 8.2-326.
"Seller" § 8.2-103 (1) (d).
(4) In addition, Title 8.1A contains general definitions and principles of construction and interpretation applicable throughout this title.
1991, c. 536; 2000, c. 1007; 2003, c. 353; 2004, c. 200; 2012, c. 155.
(a) Certificate of title statute of this Commonwealth such as Article 2 (§ 46.2-616 et seq.) of Chapter 6 of Title 46.2 and Article 2.1 (§ 29.1-733.2 et seq.) of Chapter 7 of Title 29.1;
1991, c. 536; 2013, c. 787.
§ 8.2A-105. Territorial application of title to goods covered by certificate of title.
Subject to the provisions of subsection (3) of § 8.2A-304 and subsection (3) of § 8.2A-305, with respect to goods covered by a certificate of title issued under a statute of this Commonwealth or of another jurisdiction, compliance and the effect of compliance or noncompliance with a certificate of title statute are governed by the law (including the conflict of laws rules) of the jurisdiction issuing the certificate until the earlier of (a) surrender of the certificate, or (b) four months after the goods are removed from that jurisdiction and thereafter until a new certificate of title is issued by another jurisdiction.
§ 8.2A-106. Limitation on power of parties to consumer lease to choose applicable law and judicial forum.
§ 8.2A-107. Waiver or renunciation of claim or right after default.
§ 8.2A-108. Unconscionability.
(a) If the court finds unconscionability under subsection (1) or (2) of this section, the court shall award reasonable attorney's fees to the lessee.
(c) In determining attorney's fees, the amount of the recovery on behalf of the claimant under subsections (1) and (2) of this section is not controlling.