Vermont § 501 - § 2A—501.
Full text of Vermont Vermont Statutes Online § 501 — § 2A—501., with citation guidance and answers to common questions.
§ 501. § 2A—501.
- Default: procedure (1) Whether the lessor or the lessee is in default under a lease contract is determined
by the lease agreement and this article. (2) If the lessor or the lessee is in default under the lease contract, the party seeking
enforcement has rights and remedies as provided in this article and, except as limited
by this article, as provided in the lease agreement. (3) If the lessor or the lessee is in default under the lease contract, the party seeking
enforcement may reduce the party’s claim to judgment, or otherwise enforce the lease
contract by self-help or any available judicial procedure or nonjudicial procedure,
including administrative proceeding, arbitration, or the like, in accordance with
this article. (4) Except as otherwise provided in section 1—305(a) of this title or this article, or the lease agreement, the rights and remedies referred to in subsections
(2) and (3) of this section are cumulative. (5) If the lease agreement covers both real property and goods, the party seeking enforcement
may proceed under this Part as to the goods, or under other applicable law as to both
the real property and the goods in accordance with that party’s rights and remedies
in respect of the real property, in which case this Part does not apply. (Added 1993, No. 158 (Adj. Sess.), § 10, eff. Jan. 1, 1995; amended 2007, No. 99 (Adj. Sess.), § 6.)
Frequently Asked Questions About Vermont § 501
What does Vermont Statutes Online § 501 cover?
Section 501 ("§ 2A—501.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 501?
A common citation format is "Vermont Statutes Online § 501" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 501 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.