Get Teen Cert Basic Training Participant Workbook Fema P 927 September 2012

Please note, the Magnuson Moss Warranty Act does not require a business to provide a written warranty. If a business decides to offer a written warranty on a consumer product, it must comply with the Act. Implied warranties are unspoken, unwritten promises from a seller/merchant/warrantor to a customer.

The Magnuson-Moss Warranty Act requires that every written warranty on a consumer product that costs more than $10 have a title that says the warranty is either "full" or "limited" (The Act calls these titles "designations.") The title is intended to provide consumers, at a glance, with a key to some of the important ...

Repair or Replace - The merchant must fix or replace the product without charge, within a reasonable time. If, after reasonable effort is made to repair the item, the product or a component part still has a defect, the consumer can either receive a refund or free replacement of the item.

Generally, a warranty will last for 12 months to two years, although in relation to more expensive goods, it may last longer.

Express warranties are contractual guarantees that a certain product is true as intended and that the warranty in question is legally viable and enforceable in a court of law.

Written warranties must be titled either “full” or “limited.” Warranties must outline the coverage they provide using language that is easy to understand. Warranties must be available for consumers wherever the product they cover is sold.

The Act directs the Commission to establish disclosure standards for written warranties, specifies standards for “full” warranties, limits disclaimer of implied warranties, and establishes consumer remedies for breach of warranty or service contract obligations.

10 years: Some builders give coverage for up to 10 years for “major structural defects,” sometimes defined as problems that make a home unsafe and put the owner in danger. For example, a roof that could collapse is a “major structural defect.”

Please note, the Magnuson Moss Warranty Act does not require a business to provide a written warranty. If a business decides to offer a written warranty on a consumer product, it must comply with the Act. Implied warranties are unspoken, unwritten promises from a seller/merchant/warrantor to a customer.

The Magnuson-Moss Warranty Act requires that every written warranty on a consumer product that costs more than $10 have a title that says the warranty is either "full" or "limited" (The Act calls these titles "designations.") The title is intended to provide consumers, at a glance, with a key to some of the important ...

Repair or Replace - The merchant must fix or replace the product without charge, within a reasonable time. If, after reasonable effort is made to repair the item, the product or a component part still has a defect, the consumer can either receive a refund or free replacement of the item.

Generally, a warranty will last for 12 months to two years, although in relation to more expensive goods, it may last longer.

Express warranties are contractual guarantees that a certain product is true as intended and that the warranty in question is legally viable and enforceable in a court of law.

Written warranties must be titled either “full” or “limited.” Warranties must outline the coverage they provide using language that is easy to understand. Warranties must be available for consumers wherever the product they cover is sold.

The Act directs the Commission to establish disclosure standards for written warranties, specifies standards for “full” warranties, limits disclaimer of implied warranties, and establishes consumer remedies for breach of warranty or service contract obligations.

10 years: Some builders give coverage for up to 10 years for “major structural defects,” sometimes defined as problems that make a home unsafe and put the owner in danger. For example, a roof that could collapse is a “major structural defect.”