Ohio Code 1310.29 – Enforceability of lease contract – UCC 2A-301
Current as of: 2024 | Check for updates
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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.
Terms Used In Ohio Code 1310.29
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC