Legal Definitions
Legal Definitions » C » Contracts Cure Law & Legal Definition

Contracts Cure Law & Legal Definition

Related to Contracts Cure

In contract law, the seller generally has a limited right to cure, or fix the problem, when the goods or delivery under a contract fails to meet the specified contract terms. If the "goods or the tender of delivery fail in any respect to conform to the contract," the buyer may reject the goods. This is called the "perfect tender rule." Rejection of goods must take place "within a reasonable time after their delivery or tender." The right of the buyer to reject a nonconforming product is subject to the seller's right to cure the nonconforming tender or delivery. During the period while the time for performance has not expired, the seller may cure any nonconformity.

A buyer may revoke his or her acceptance of a nonconforming product if the nonconformity substantially impairs its value to the buyer, and

  1. the product was accepted on the reasonable assumption that its nonconformity would be cured and it has not been cured in a timely manner, or
  2. if the product was accepted without discovery of such nonconformity, where the buyer's acceptance was reasonably induced either by the difficulty of discovery before acceptance or by the seller's assurances. Laws vary by state, so local statutes should be consulted for the exact requirements in your jurisdiction.

The following is an example of a state statute dealing with the right to cure:

"Cure by lessor of improper tender or delivery; replacement.

  1. If any tender or delivery by the lessor or the supplier is rejected because it is nonconforming and the time for performance has not yet expired, the lessor or the supplier may seasonably notify the lessee of the lessor's or the supplier's intention to cure and may then make a conforming delivery within the time provided in the lease contract.
  2. If the lessee rejects a nonconforming tender that the lessor or the supplier had reasonable grounds to believe would be acceptable with or without money allowance, the lessor or the supplier may have a further reasonable time to substitute a conforming tender if he or she seasonably notifies the lessee."





Get a Term Defined

Tax & Business Services

Read a Law Digest

  • Need to read the law or find an answer to a legal question? Visit our Law Digest for the largest selection of law digests and answers available.
    Go to Law Digest

Form Packages


Contracts Cure Legal Forms

Legal Life

Form Drafting

  • Can′t find the form you need, or need a form we offer revised for your situation? Submit your request and our attorneys will review the request and let you know if the form can be provided.
    Submit a drafting request...
Legal Forms Home

Copyright 1996-2008 USLegal, Inc. - All Rights Reserved.