Florida § 672.502 - Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency.

Full text of Florida Florida Statutes § 672.502 — Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency., with citation guidance and answers to common questions.

§ 672.502. Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency.

(1) Subject to subsections (2) and (3), and even though the goods have not been shipped, a buyer who has paid a part or all of the price of goods in which she or he has a special property under the provisions of the immediately preceding section may on making and keeping good a tender of any unpaid portion of their price recover them from the seller if: (a) In the case of goods bought for personal, family, or household purposes, the seller repudiates or fails to deliver as required by the contract; or (b) In all cases, the seller becomes insolvent within ten days after receipt of the first installment on their price. (2) The buyer’s right to recover the goods under paragraph (1)(a) vests upon acquisition of a special property, even if the seller has not then repudiated or failed to deliver. (3) If the identification creating her or his special property has been made by the buyer she or he acquires the right to recover the goods only if they conform to the contract for sale.

Source: official Florida text · Last verified 2026-08-27

Frequently Asked Questions About Florida § 672.502

What does Florida Statutes § 672.502 cover?

Section 672.502 ("Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Florida § 672.502?

A common citation format is "Florida Statutes § 672.502" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Florida law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.

How does Florida § 672.502 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Florida.