Florida Statutes 672.507 – Effect of seller’s tender; delivery on condition
Current as of: 2024 | Check for updates
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Terms Used In Florida Statutes 672.507
- Buyer: means a person who buys or contracts to buy goods. See Florida Statutes 672.103
- Contract: A legal written agreement that becomes binding when signed.
- Seller: means a person who sells or contracts to sell goods. See Florida Statutes 672.103
(1) Tender of delivery is a condition to the buyer‘s duty to accept the goods and, unless otherwise agreed, to the buyer’s duty to pay for them. Tender entitles the seller to acceptance of the goods and to payment according to the contract.
(2) Where payment is due and demanded on the delivery to the buyer of goods or documents of title, the buyer’s right as against the seller to retain or dispose of them is conditional upon her or his making the payment due.