03 Jun 2025
Leased but not Forgotten: Navigating Express and Implied Warranties Under UCC Article 2A
When leasing equipment, understanding the warranties that apply can make all the difference. This practice note unpacks the express and implied warranties under UCC Article 2A, clarifying the obligations of lessors and the rights of lessees—especially in the often-misunderstood world of finance leases. Whether you're drafting lease agreements or navigating warranty disputes, this guide delivers the legal clarity you need.
Related Content
- UCC Article 2A Fundamentals
Start with the legal backbone when leasing equipment. This practice note offers a clear, practical overview of UCC Article 2A—the key framework governing personal property leases—highlighting essential concepts and considerations for navigating lease transactions with confidence. Whether you're new to equipment leasing or brushing up on fundamentals, this guide lays the groundwork you need.
- Warranty and Disclaimer of Warranty Drafting
Understand the meaning of the phrase “representations and warranties” in the world of contracts. This practice note clarifies the distinction between the two terms, explores their proper use in commercial agreements, and explains why precision in language matters. With insights from legal scholars and landmark cases, it's an essential guide for drafters seeking clarity and accuracy.
- UCC True Leases
Break down the concept of "true leases," and learn what distinguishes them from disguised sales and secured transactions. This practice note explains why proper lease classification is critical for protecting lessors’ rights. With a practical chart categorizing common equipment leases, it’s a must-read guide for structuring enforceable, UCC-compliant lease agreements.
Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.
- New! Discover Practical Guidance Content and Resources
Read this update to see the newest additions to Practical Guidance. This guide is designed to help you find the tools and insights you need to work more efficiently and effectively. - Trump Transition Coverage in Practical Guidance
The Trump Transition Resource Kit is a consolidated listing of guidance related to new actions and orders, and the Presidential Executive Actions Tracker is a frequently updated listing and description of many of the recently implemented presidential orders and rescissions of previous administration orders. - New! Practical Guidance Journal, 2025 Second Edition features guidance for regulating AI in the workplace in 2025, Intellectual Property issues related to deepfakes, the emergence of AI in mergers and acquisitions, and a checklist to help when evaluating AI technology risks.
- Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
- As legal scrutiny intensifies around e-cigarettes and vaping, staying informed is more crucial than ever. The E-cigarette and Vaping Bans Tracker maps federal and 50-state developments—including bans, restrictions, and tax measures—impacting the sale, use, and delivery of vaping products. With real-time updates and source links, it’s an essential resource for navigating this rapidly evolving legal landscape.
- Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.
- For Practical Guidance content on important recent trends, review these easy-to-use Resource Kits on a variety of emerging topics:
- Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID, and more.
- Browse the Practical Guidance Author Center to see the 2600+ leading attorney authors contributing to our 26 practice areas. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.
PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.
Experience Lexis+