Statutory Rights of Hirer Flashcards
A hirer has the right to assign his right, title and interest under the HPA with the consent of the owner under…
Section 12(1) of the HPA.
Owner’s consent cannot be unreasonably withheld under circumstances like…
- Section 12(2) : Owner requiring some form of consideration for his consent.
Owner’s consent cannot be unreasonably withheld under circumstances like…
- Section 12(2) : Owner requiring some form of consideration for his consent.
- Section 12(5) : Owner requiring additional guarantors to guarantee assignee’s obligations when there are already existing guarantors.
What does Section 12(3) of the HPA state?
A hirer may apply to the High Court for a declaration that the owner’s consent is unreasonably withheld.
However, under Section 12(4) of the HPA, the owner may request hirer…
- (a) : to pay for costs incurred to stamp and register said assignment
- (b) : to deliver the assignment agreement
Owner has the right to inform the hirer to remedy a breach before giving his consent if…
the hirer breached the HPA before exercising his right of assignment.
If a hirer passes away, becomes mentally disabled or a company is placed under liquidation, Section 13 of the HPA states that…
the right, title and interest of the hirer shall pass to the personal representative.
What is Section 14(1) of the HPA?
A hirer may complete the purchase of the goods after giving the owner a 14 day written notice.
Section 15(1) of the HPA provides for the…
termination of a HPA.
The hirer is also entitled to…
- Section 9 : Request for a copy of the statement of his financial position
- Section 10 : Appropriation of payment when there is more than one agreement
to avoid the goods from being repossessed by the owner - Section 11 : Apply for an order to remove the goods
Owner has the right to inform the hirer to remedy a breach before giving his consent if…
the hirer breached the HPA before exercising his right of assignment.
If a hirer passes away, becomes mentally disabled or a company is placed under liquidation, Section 13 of the HPA states that…
the right, title and interest of the hirer shall pass to the personal representative,
Section 15(1) of the HPA provides for the…
termination of a HPA.
Owner has the right to inform the hirer to remedy a breach before giving his consent if…
the hirer breached the HPA before exercising his right of assignment.
If a hirer passes away, becomes mentally disabled or a company is placed under liquidation, Section 13 of the HPA states that…
the right, title and interest of the hirer shall pass to the personal representative,