Florida Statutes 680.532 – Lessor’s rights to residual interest
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 680.532
- 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
- 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
In addition to any other recovery permitted by this chapter, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor’s residual interest in the goods caused by the default of the lessee.