When conveying property there are many options to consider. Special warranty deeds are one of many ways to convey real property. more »
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When conveying property there are many options to consider. Special warranty deeds are one of many ways to convey real property. more »
Extended warranties are agreements between an owner of a product and the company that is providing the warranty. The company promises to pay for various repairs according to the contract designated within a particular period. The owner of the product is protected from unexpected costs if a mechanical breakdown occurs.
When it comes... more »
Until the invention of the computer, the typewriter was a valuable piece of equipment that could be found in nearly every office. Although typewriters are still around, they are not nearly as prevalent as they used to be. But there are still a few people who prefer the simplicity of a typewriter. more »
An assumption of risk form is a document used in the service industry for when an employee is going to perform services on a client. The assumption of risk form serves as a waiver of liability for your business, in which the client assumes the risk for the serves to be performed on them. Here's how you can write one for your own business. more »
Like other U.S. states, the Commonwealth of Pennsylvania has its own lemon laws. Title 73 Chapter 28, Sections 1951 to 1963 of the Pennsylvania Code are collectively called the Automobile Lemon Law. Unfortunately for used-car buyers, this law only applies to new motor vehicles as defined in the statute. Nevertheless, used-car buyers... more »
If you are getting ready to buy a home you should have it inspected before you sign any...
When you buy a new product, you expect a company to have a warranty on it. However, you might not understand exactly what kind of warranty you are... more »
Imagine buying and paying for a house or a piece of land only to find it was put up as collateral by the previous owner and is being repossessed... more »
Once you've decided you want a home warranty, follow these easy steps for protection. more »
When you, the seller or grantor, are selling your property and house, you want to ensure the buyer, or grantee, that the property is free of all... more »
Adding on to a new or existing home is often a risk. Plumbing, electricity and even general contracting are expensive undertakings and there is a... more »
Auto warranty laws were created to protect consumers when buying new or used cars. Sometimes referred to as "lemon laws," these laws were devised... more »
In commercial and consumer transactions, a warranty is a collateral assurance or guarantee that certain facets of an article or service sold is as factually stated or legally implied by the seller, and that often provides for a specific remedy such as repair or replacement in the event the article or service fails to meet the warranty. A breach of warranty occurs when the promise is broken, i.e., a product is defective or not as should be expected by a reasonable buyer.
In business and legal transactions, a warranty is an assurance by one party to the other party that certain facts or conditions are true or will happen; the other party is permitted to rely on that assurance and seek some type of remedy if it is not true or followed.
In real estate transactions, warranty deed is a promise that the buyers title to a parcel of land will be defended.
A warranty may be express or implied.
Express warranty
An express warranty is a guarantee from the seller of a product that specifies the extent to which the quality or performance of the product is assured and states the conditions under which the product can be returned, replaced, or repaired. It is often given in the form of a specific, written "Warranty" document. However, a warranty may also arise by operation of law based upon the sellers description of the goods, and perhaps their source and quality, and any material deviation from that specification would violate the guarantee. For example, an advertisement describing a product is often full of express warranties; the product must substantially conform to what is advertised. Many advertisers insert disclaimers for this purpose (e.g., "actual color/mileage/results may vary", or "not shown actual size"). Commonly, written warranties will assure the buyer that an article is of good quality and against defects in "materials and workmanship." A warranty may also apply to services that are sold. For example, an automobile repair sh read more at » http://en.wikipedia.org/wiki/Warranty
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