Terms Used In Utah Code 70A-2a-534

  • Lease: means a transfer of the right to possession and use of goods for a term, in return for consideration. See Utah Code 70A-2a-103
  • 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
  • Lessee: means a person who acquires the right to possession and use of goods under a lease. See Utah Code 70A-2a-103
  • Lessor: means a person who transfers the right to possession and use of goods under a lease. See Utah Code 70A-2a-103
     In addition to the rights and remedies provided for lease agreements and lease disputes in this chapter, a consumer, dealer, lessee, lessor, and manufacturer of assistive technology as defined in Section 70A-2-802 may exercise rights and seek remedies pursuant to any lease agreement under 8, as limited by Subsections 70A-2-805(4) and 70A-2-807(4).

Amended by Chapter 21, 1999 General Session