Legal Question in Credit and Debt Law in Michigan

Cancelling a Lease
Is it binding when a lease states that "I waive any and all rights and remedies I may have under UCC 2A-508 through 2A-522, including any right to cancel". Can I sign my rights away? Does this verbage commit me so that I cannot cancel a lease for equipment?

Asked on 2/15/99, 8:42 am

Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

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Re: Cancelling a Lease

The answer is a simple yes.

Alexander M. Rosenfeld

Rosenfeld & Stein, P.A.

18260 NE 19 Ave

Answered on 2/24/99, 5:23 pm

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