Florida Statutes 680.307 – Priority of liens arising by attachment or levy on, security interests in, and other claims to goods
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 680.307
- Contract: A legal written agreement that becomes binding when signed.
- Goods: means all things that are movable at the time of identification to the lease contract, or are fixtures (s. See Florida Statutes 680.1031
- Lease: means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. See Florida Statutes 680.1031
- 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
- Lease contract: means the total legal obligation that results from the lease agreement as affected by this chapter and any other applicable rules of law. See Florida Statutes 680.1031
- Leasehold interest: means the interest of the lessor or the lessee under a lease contract. See Florida Statutes 680.1031
- Lessee: means a person who acquires the right to possession and use of goods under a lease. See Florida Statutes 680.1031
- Lessor: means a person who transfers the right to possession and use of goods under a lease. See Florida Statutes 680.1031
(1) Except as otherwise provided in s. 680.306, a creditor of a lessee takes subject to the lease contract.