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Terms Used In Iowa Code 554.13514

  • state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
554.13514 Waiver of lessee’s objections.
1. In rejecting goods, a lessee’s failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default:
a. if, stated seasonably, the lessor or the supplier could have cured it (section 554.13513);
or
b. between merchants if the lessor or the supplier after rejection has made a request in
writing for a full and final written statement of all defects on which the lessee proposes to
rely.
2. A lessee’s failure to reserve rights when paying rent or other consideration against
documents precludes recovery of the payment for defects apparent in the documents.
94 Acts, ch 1052, §66; 2007 Acts, ch 30, §45, 46, 78