Connecticut General Statutes 42a-2A-401 – Enforceability of lease contract
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Except as otherwise provided in this title, a lease contract is effective and enforceable according to its terms between the parties, against purchasers of the goods and against creditors.
Terms Used In Connecticut General Statutes 42a-2A-401
- 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