15 USC 1667b - Lessee’s liability on expiration or termination of lease

U.S Code last checked for updates: Nov 22, 2024

§ 1667b.

Lessee’s liability on expiration or termination of lease

(a)

Estimated residual value of property as basis; presumptions; action by lessor for excess liability; mutually agreeable final adjustment

(b)

Penalties and charges for delinquency, default, or early termination

(c)

Independent professional appraisal of residual value of property at termination of lease; finality

(Pub. L. 90–321, title I, § 183, as added Pub. L. 94–240, § 3, Mar. 23, 1976, 90 Stat. 259.)

cite as: 15 USC 1667b