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warranty |
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warranty 1. Property law a covenant, express or implied, by which the vendor of real property vouches for the security of the title conveyed 2. Contract law an express or implied term in a contract, such as an undertaking that goods contracted to be sold shall meet specified requirements as to quality, etc. 3. Insurance law an undertaking by the party insured that the facts given regarding the risk are as stated How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Of course, many appliance manufacturers offer extended warranties on their individual products for a cost that might range from $20 to more than $100. Smart real estate professionals are warming to the idea that home warranties represent an effective strategy for helping keep deals together, close sales and help reduce post-sale issues. Along with improved fuel efficiency, microchip technology and cleaner exhaust come warranties that are more in line with the 21st Century. |
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