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Limited warranty |
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Limited warrantyA warranty with certain conditions and limitations on the parts covered, type of damage covered, and/or time period for which the agreement is good.Limited warranty Similar MatchesWarranty DeedWarranty DeedA deed used in many states to convey fee title to real property. Until the wide spread use of title insurance, the warranties by the grantor were very important to the grantee. When title insurance is purchased, the warranties become less important as a practical means of recovery by the grantee for defective title. WarrantyWarrantyA contract in which a seller commits to a buyer that any faulty workmanship or product failure occurring within a specified period will be rectified at no cost to the buyer. Typical products covered by warranty include appliances, automobiles and machinery. Home Warranty InsuranceHome Warranty InsurancePrivate insurance insuring a buyer against defects (usually in plumbing, heating, and electrical) in the home he has purchased. The period of insurance varies and both new and used homes may be insured. WarrantyWarrantyA guarantee by a seller to a buyer that if a product requires repair or remedy of a problem within a certain period after its purchase, the seller will repair the problem at no cost to the buyer. Breach Of WarrantyBreach Of WarrantyIn real property, the failure of the seller to pass title as either expressed or implied (by law) in the conveyancing document. Further SuggestionsWarranty |
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