Alaska Statutes (Last Updated: January 11, 2017) |
Title 45. TRADE AND COMMERCE. |
Chapter 45.12. LEASES. |
Article 45.12.02. FORMATION AND CONSTRUCTION OF LEASE CONTRACT. |
Section 45.12.211. Warranties against interference and against infringement; lessee's obligation against infringement.
Latest version.
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(a) There is in a lease contract a warranty that for the lease term a person does not hold a claim to or interest in the goods that arose from an act or omission of the lessor, other than a claim by way of infringement or the like, that will interfere with the lessee's enjoyment of its leasehold interest.
(b) Except in a finance lease, there is in a lease contract by a lessor who is a merchant regularly dealing in goods of the kind a warranty that the goods are delivered free of the rightful claim of any person by way of infringement or the like.
(c) A lessee who furnishes specifications to a lessor or a supplier shall hold the lessor and the supplier harmless against any claim by way of infringement or the like that arises out of compliance with the specifications.
Authorities
45.12.214;45.12.516
Notes
References
AS 45.12.214 Exclusion or modification of warranties.
AS 45.12.516 Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over.
History
(Sec. 125 ch 35 SLA 1993)