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Connecticut General Statutes 42a-2A-308 - Termination; survival of obligations

Connecticut General Statutes > Title 42a > Article 2A > § 42a-2A-308 - Termination; survival of obligations

^{Current as of: 2009}

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(a) Except as otherwise provided in subsection (b) of this section, on the termination of a lease contract, all obligations that are still executory on both sides are discharged.

      (b) The following survive termination of a lease contract:

      (1) A right based on a previous default or performance of the lease contract;

      (2) A term limiting the scope, manner, method or location of the exercise of rights in the goods;

      (3) An obligation of confidentiality, nondisclosure or noncompetition;

      (4) A choice of law or forum;

      (5) An obligation to return or dispose of goods or return any unearned part of the rent;

      (6) An obligation to arbitrate or otherwise resolve disputes through alternative dispute resolution procedures;

      (7) A term limiting the time for bringing an action or for providing notice;

      (8) An indemnity term;

      (9) A limitation of remedy or disclaimer of warranty;

      (10) An obligation to provide an accounting and make any payment due under the accounting;

      (11) Other rights, remedies or limitations stated in the agreement as surviving to the extent enforceable under applicable law; and

      (12) Other rights, remedies or limitations if in the circumstances their survival is necessary to achieve the purposes of the parties.

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Questions & Answers: Leases (UCC Article 2A)

Under NC commercial leases,does the lease become revolving if landlord does not provide new lease?...

land is leased for a racetrack, tenant constructs a scoreing tower which is a small 2 story building, tenant is leaving and wants to remove tower. Is this a fixture ? ...

Gary, Any building would be considered a fixture. A tenant can in most cases remove a fixture they installed, as long as the land is restored to its original condition. Take a look...

if someone has a fence put in and cements the poles into the ground are they considered a fixture not to be removed?...

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