reglab/housing_qa huggingface dataset:
Ohio Rev Code § 1310.25 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.25 | Insurance and Proceeds - Ucc 2a-218.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) A lessee obtains an insurable interest when existing goods are identified to the lease contract, even though the goods identified are nonconforming, and the lessee has an option to reject them.(B) If a lessee has an insurable interest only by reason of the lessor's identification of the goods, the lessor, until default or insolvency or notification to the lessee that identification is final, may substitute other goods for those identified.(C) Notwithstanding a lessee's insurable interest under divisions (A) and (B) of this section, the lessor retains an insurable interest until an option to buy has been exercised by the lessee and risk of loss has passed to the lessee.(D) Nothing in this section impairs any insurable interest recognized under any other section of the Revised Code, statute, or rule of law.(E) The parties may determine by agreement that one or more parties have an obligation to obtain and pay for insurance covering the goods and may determine by agreement the beneficiary of the proceeds of the insurance.
Ohio Rev Code § 1310.26 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.26 | Risk of Loss - Ucc 2a-219.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) Except in the case of a finance lease, risk of loss is retained by the lessor and does not pass to the lessee. In the case of a finance lease, risk of loss passes to the lessee.(B) Subject to the provisions of section 1310.27 of the Revised Code on the effect of default on risk of loss, if risk of loss is to pass to the lessee and the time of passage is not stated, the following rules apply:(1) If the lease contract requires or authorizes the goods to be shipped by carrier and does not require delivery at a particular destination, the risk of loss passes to the lessee when the goods are duly delivered to the carrier. If it does require delivery at a particular destination and the goods are duly tendered at that particular destination while in the possession of the carrier, the risk of loss passes to the lessee when the goods are duly so tendered at that particular destination as to enable the lessee to take delivery.(2) If the goods are held by a bailee to be delivered without being moved, the risk of loss passes to the lessee on acknowledgment by the bailee of the lessee's right to possession of the goods.(3) In any case not within division (B)(1) or (2) of this section, the risk of loss passes to the lessee on the lessee's receipt of the goods, if the lessor or, in the case of a finance lease, the supplier is a merchant; otherwise, the risk of loss passes to the lessee on tender of delivery.
Ohio Rev Code § 1310.27 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.27 | Effect of Default on Risk of Loss - Ucc 2a-220.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) If risk of loss is to pass to the lessee and the time of passage is not stated, one of the following applies:(1) If a tender or delivery of goods so fails to conform to the lease contract as to give a right of rejection, the risk of their loss remains with the lessor, or, in the case of a finance lease, the supplier, until cure or acceptance.(2) If the lessee rightfully revokes acceptance, he, to the extent of any deficiency in his effective insurance coverage, may treat the risk of loss as having remained with the lessor from the beginning.(B) Whether or not risk of loss is to pass to the lessee, if the lessee as to conforming goods already identified to a lease contract repudiates or otherwise is in default under the lease contract, the lessor, or, in the case of a finance lease, the supplier, to the extent of any deficiency in his effective insurance coverage, may treat the risk of loss as resting on the lessee for a commercially reasonable time.
Ohio Rev Code § 1310.28 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.28 | Casualty to Identified Goods - Ucc 2a-221.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|If a lease contract requires goods to be identified when the lease contract is made, and the goods suffer casualty without fault of the lessee, the lessor, or the supplier before delivery, or the goods suffer casualty before risk of loss passes to the lessee pursuant to the lease agreement or section 1310.26 of the Revised Code, both of the following apply:(A) If the loss is total, the lease contract is avoided.(B) If the loss is partial or the goods have so deteriorated as to no longer conform to the lease contract, the lessee may demand inspection and at his option either treat the lease contract as avoided or, except in a finance lease that is not a consumer lease, accept the goods with due allowance from the rent payable for the balance of the lease term for the deterioration or the deficiency in quantity, but without further right against the lessor.
Ohio Rev Code § 1310.29 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.29 | Enforceability of Lease Contract - Ucc 2a-301.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|Except as otherwise provided in sections 1310.01 to 1310.78 of the Revised Code, a lease contract is effective and enforceable according to its terms between the parties, against purchasers of the goods, and against creditors of the parties.
Ohio Rev Code § 1310.30 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.30 | Title to and Possession of Goods - Ucc 2a-302.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|Except as otherwise provided in sections 1310.01 to 1310.78 of the Revised Code, those sections apply whether the lessor or a third party has title to the goods and whether the lessor, the lessee, or a third party has possession of the goods, notwithstanding any section of the Revised Code, statute of another jurisdiction, or rule of law that possession or the absence of possession is fraudulent.
Ohio Rev Code § 1310.32 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.32 | Subsequent Lease of Goods by Lessor - Ucc 2a-304.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) Subject to section 1310.31 of the Revised Code, a subsequent lessee from a lessor of goods under an existing lease contract obtains, to the extent of the leasehold interest transferred, the leasehold interest in the goods that the lessor had or had power to transfer and, except as provided in division (B) of this section and division (D) of section 1310.73 of the Revised Code, takes subject to the existing lease contract. A lessor with voidable title has power to transfer a good leasehold interest to a good faith subsequent lessee for value, but only to the extent set forth in the preceding sentence. If goods have been delivered under a transaction of purchase, the lessor has that power even though any of the following applies:(1) The lessor's transferor was deceived as to the identity of the lessor.(2) The delivery was in exchange for a check that is later dishonored.(3) It was agreed that the transaction was to be a "cash sale."(4) The delivery was procured through fraud punishable as a theft offense under Chapter 2913. of the Revised Code or another law.(B) A subsequent lessee in the ordinary course of business from a lessor who is a merchant dealing in goods of that kind to whom the goods were entrusted by the existing lessee of that lessor before the interest of the subsequent lessee became enforceable against that lessor obtains, to the extent of the leasehold interest transferred, all of that lessor's and the existing lessee's rights to the goods and takes free of the existing lease contract.(C) A subsequent lessee from the lessor of goods that are subject to an existing lease contract and are covered by a certificate of title issued under Chapter 1548., 4505., or 4585. of the Revised Code or a similar law of another jurisdiction takes no greater rights than those provided both by this section and by the certificate of title law.
Ohio Rev Code § 1310.33 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.33 | Sale or Sublease of Goods by Lessee - Ucc 2a-305.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) Subject to section 1310.31 of the Revised Code, a buyer or sublessee from the lessee of goods under an existing lease contract obtains, to the extent of the interest transferred, the leasehold interest in the goods that the lessee had or had power to transfer and, except as provided in division (B) of this section and division (D) of section 1310.57 of the Revised Code, takes subject to the existing lease contract. A lessee with a voidable leasehold interest has power to transfer a good leasehold interest to a good faith buyer for value or a good faith sublessee for value, but only to the extent set forth in the preceding sentence. When goods have been delivered under a transaction of lease, the lessee has that power even though any of the following applies:(1) The lessor was deceived as to the identity of the lessee.(2) The delivery was in exchange for a check that is later dishonored.(3) The delivery was procured through fraud punishable as a theft offense under Chapter 2913. of the Revised Code or another law.(B) A buyer in the ordinary course of business or a sublessee in the ordinary course of business from a lessee who is a merchant dealing in goods of that kind to whom the goods were entrusted by the lessor obtains, to the extent of the interest transferred, all of the lessor's and lessee's rights to the goods and takes free of the existing lease contract.(C) A buyer or sublessee from the lessee of goods that are subject to an existing lease contract and are covered by a certificate of title issued under Chapter 1548., 4505., or 4585. of the Revised Code or a similar law of another jurisdiction takes no greater rights than those provided both by this section and by the certificate of title law.
Ohio Rev Code § 1310.34 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.34 | Priority of Certain Liens Arising by Operation of Law - Ucc 2a-306.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|If a person in the ordinary course of his business furnishes services or materials with respect to goods subject to a lease contract, a lien upon those goods in the possession of that person given by a section of the Revised Code, statute of another jurisdiction, or rule of law for those materials or services takes priority over any interest of the lessor or lessee under the lease contract or sections 1310.01 to 1310.78 of the Revised Code, unless the lien is created by a section of the Revised Code or statute of another jurisdiction and the section or statute provides otherwise or unless the lien is created by rule of law and the rule of law provides otherwise.
Ohio Rev Code § 1310.35 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.35 | Priority of Liens Arising by Attachment or Levy On, Security Interests In, and Other Claims to Goods - Ucc 2a-307.

Effective: July 1, 2001|Latest Legislation:  Senate Bill 74 - 124th General Assembly|(A) Except as otherwise provided in section 1310.34 of the Revised Code, a creditor of a lessee takes subject to the lease contract.(B) Except as otherwise provided in division (C) of this section and in sections 1310.34 and 1310.36 of the Revised Code, a creditor of a lessor takes subject to the lease contract unless the creditor holds a lien that attached to the goods before the lease contract became enforceable.(C) Except as otherwise provided in sections 1309.317, 1309.321, and 1309.323 of the Revised Code, a lessee takes a leasehold interest subject to a security interest held by a creditor of the lessor.
Ohio Rev Code § 1310.36 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.36 | Special Rights of Creditors - Ucc 2a-308.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) A creditor of a lessor in possession of goods subject to a lease contract may treat the lease contract as void if as against the creditor retention of possession by the lessor is fraudulent under any section of the Revised Code, any statute of another jurisdiction, or any rule of law, but retention of possession in good faith and current course of trade by the lessor for a commercially reasonable time after the lease contract becomes enforceable is not fraudulent.(B) Nothing in sections 1310.01 to 1310.78 of the Revised Code impairs the rights of creditors of a lessor if the lease contract becomes enforceable, not in current course of trade but in satisfaction of or as security for a preexisting claim for money, security, or the like, and is made under circumstances that under any section of the Revised Code, statute of another jurisdiction, or rule of law apart from sections 1310.01 to 1310.78 of the Revised Code would constitute the transaction a fraudulent transfer or voidable preference.(C) A creditor of a seller may treat a sale or an identification of goods to a contract for sale as void if as against the creditor retention of possession by the seller is fraudulent under any section of the Revised Code, statute of another jurisdiction, or rule of law, but retention of possession of the goods pursuant to a lease contract entered into by the seller as lessee and the buyer as lessor in connection with the sale or identification of the goods is not fraudulent if the buyer bought for value and in good faith.
Ohio Rev Code § 1310.38 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.38 | Lessor's and Lessee's Rights When Goods Become Accessions - Ucc 2a-310.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) For purposes of this section, goods are "accessions" when they are installed in or affixed to other goods.(B) The interest of a lessor or a lessee under a lease contract entered into before the goods became accessions is superior to all interests in the whole except as stated in division (D) of this section.(C) The interest of a lessor or a lessee under a lease contract entered into at the time or after the goods became accessions is superior to all subsequently acquired interests in the whole except as stated in division (D) of this section but is subordinate to interests in the whole existing at the time the lease contract was made unless the holders of those interests in the whole have in writing consented to the lease or disclaimed an interest in the goods as part of the whole.(D) The interest of a lessor or a lessee under a lease contract described in division (B) or (C) of this section is subordinate to the interest of either of the following:(1) A buyer in the ordinary course of business or a lessee in the ordinary course of business of any interest in the whole acquired after the goods became accessions;(2) A creditor with a security interest in the whole perfected before the lease contract was made, to the extent that the creditor makes subsequent advances without knowledge of the lease contract.(E) When under division (B) or (C) and division (D) of this section a lessor or a lessee of accessions holds an interest that is superior to all interests in the whole, the lessor or the lessee, on default, expiration, termination, or cancellation of the lease contract by the other party but subject to the lease contract and sections 1310.01 to 1310.78 of the Revised Code, or if necessary to enforce other rights and remedies of the lessor or lessee under those sections, may remove the goods from the whole, free and clear of all interests in the whole, but the lessor or lessee shall reimburse any holder of an interest in the whole who is not the lessee and who has not otherwise agreed for the cost of repair of any physical injury but not for any diminution in value of the whole caused by the absence of the goods removed or by any necessity for replacing them. A person entitled to reimbursement may refuse permission to remove until the party seeking removal gives adequate security for the performance of this obligation.
Ohio Rev Code § 1310.39 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.39 | Subordination by Agreement.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|Nothing in sections 1310.01 to 1310.78 of the Revised Code prevents subordination by agreement by any person entitled to priority.
Ohio Rev Code § 1310.40 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.40 | Insecurity - Adequate Assurance of Performance - Ucc 2a-401.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) A lease contract imposes an obligation on each party that the other party's expectation of receiving due performance will not be impaired.(B) If reasonable grounds for insecurity arise with respect to the performance of either party, the insecure party may demand in writing adequate assurance of due performance. Until the insecure party receives that assurance, if commercially reasonable, the insecure party may suspend any performance for which he has not already received the agreed return.(C) A repudiation of the lease contract occurs if assurance of due performance adequate under the circumstances of the particular case is not provided to the insecure party within a reasonable time, not to exceed thirty days after receipt of a demand by the other party.(D) Between merchants, the reasonableness of grounds for insecurity and the adequacy of any assurance offered shall be determined according to commercial standards.(E) Acceptance of any nonconforming delivery or payment does not prejudice the aggrieved party's right to demand adequate assurance of future performance.
Ohio Rev Code § 1310.41 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.41 | Anticipatory Repudiation - Ucc 2a-402.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|If either party repudiates a lease contract with respect to a performance not yet due under the lease contract, the loss of which performance will substantially impair the value of the lease contract to the other party, the aggrieved party may do any of the following:(A) For a commercially reasonable time, await retraction of repudiation and performance by the repudiating party;(B) Make demand pursuant to section 1310.40 of the Revised Code and await assurance of future performance adequate under the circumstances of the particular case;(C) Resort to any right or remedy upon default under the lease contract or sections 1310.01 to 1310.78 of the Revised Code, even though the aggrieved party has notified the repudiating party that the aggrieved party would await the repudiating party's performance and assurance and has urged retraction. In addition, whether or not the aggrieved party is pursuing any of those remedies, the aggrieved party may suspend performance or, if the aggrieved party is the lessor, proceed in accordance with the provisions of section 1310.70 of the Revised Code pertaining to the lessor's right to identify goods to the lease contract notwithstanding default or to salvage unfinished goods.
Ohio Rev Code § 1310.42 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.42 | Retraction of Anticipatory Repudiation - Ucc 2a-403.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) Until the repudiating party's next performance is due, the repudiating party can retract the repudiation unless, since the repudiation, the aggrieved party has canceled the lease contract, materially changed the aggrieved party's position, or otherwise indicated that the aggrieved party considers the repudiation final.(B) Retraction may be by any method that clearly indicates to the aggrieved party that the repudiating party intends to perform under the lease contract and includes any assurance demanded under section 1310.40 of the Revised Code.(C) Retraction reinstates a repudiating party's rights under a lease contract with due excuse and allowance to the aggrieved party for any delay occasioned by the repudiation.
Ohio Rev Code § 1310.43 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.43 | Substituted Performance - Ucc 2a-404.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|(A) If, without fault of the lessee, the lessor, and the supplier, the agreed berthing, loading, or unloading facilities fail, the agreed type of carrier becomes unavailable, or the agreed manner of delivery otherwise becomes commercially impracticable, but a commercially reasonable substitute is available, the substitute performance shall be tendered and accepted.(B) If the agreed means or manner of payment fails because of domestic or foreign governmental regulation, both of the following apply:(1) The lessor may withhold or stop delivery or cause the supplier to withhold or stop delivery, unless the lessee provides a means or manner of payment that is commercially a substantial equivalent.(2) If delivery has already been taken, payment by the means or in the manner provided by the regulation discharges the lessee's obligation, unless the regulation is discriminatory, oppressive, or predatory.
Ohio Rev Code § 1310.44 (2021)
2021 Ohio Revised Code|Title 13 | Commercial Transactions|Chapter 1310 | Leases|Section 1310.44 | Excused Performance - Ucc 2a-405.

Effective: November 6, 1992|Latest Legislation:  House Bill 693 - 119th General Assembly|Subject to the provisions of section 1310.43 of the Revised Code pertaining to substituted performance, the following rules apply:(A) A delay in delivery or nondelivery in whole or in part by a lessor or a supplier who complies with divisions (B) and (C) of this section is not a default under the lease contract if performance as agreed has been made impracticable by the occurrence of a contingency, the nonoccurrence of which was a basic assumption on which the lease contract was made or by compliance in good faith with any applicable foreign or domestic governmental regulation or order, whether or not the regulation or order later proves to be invalid.(B) If the causes mentioned in division (A) of this section affect only part of the lessor's or the supplier's capacity to perform, he shall allocate production and deliveries among his customers but at his option may include regular customers not then under contract for sale or lease as well as his own requirements for further manufacture. He may so allocate in any manner that is fair and reasonable.(C) The lessor seasonably shall notify the lessee, and, in the case of a finance lease, the supplier seasonably shall notify the lessor and the lessee, if known, that there will be delay or nondelivery and, if allocation is required under division (B) of this section, of the estimated quota thus made available for the lessee.