Ifa lease contract requires goods identified when the lease contract ismade, and the goods suffer casualty without fault of the lessee, the lessor or the supplier before delivery, or the goods suffer casualty before risk of loss passes to the lessee pursuant to the lease agreement or section 554.13219, then: 1. ifthe loss is total, the lease contract is avoided; and 2. ifthe loss ispartial or thegoods have so deterioratedastono longerconform to the lease contract, the lessee may nevertheless demand inspection and at the lessee’s option either treat the lease contract as avoided or,except in a finance lease that isnot a consumer lease, accept the goods with due allowance from the rent payable for the balance of the lease term for the deterioration or the deficiency in quantity but without further right against the lessor.
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