Warranty

State:
Multi-State
Control #:
US-OG-840
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

How to fill out Warranty?

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FAQ

The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.

Under the Grantor section of the deed, write the name of the person transferring title. Under Grantee, write the name of the person receiving title. Describe the parcel of land. Use the street address and include the North Carolina County where the land is located.

(Products with a full warranty, relatively rare, can't require registration as a condition of coverage.) There is one advantage to registration: A company that has your name and contact information, and the product model and serial number, can reach you if the product is recalled.

The answer is yes. Parties to a transaction are always free to prepare their own deeds. If you do so, be sure your deed measures up to your state's legal regulations, to help avert any legal challenge to the deed later.

To make the form legally binding, you must sign it in front of a notary public. You must then file your signed and notarized deed with the county office that's in charge of recording property documents. Once the grantee signs the warranty deed, he/she legally has ownership and claim to the property.

The Federal Trade Commission says that the Code of Federal Regulations allows companies to ask consumers to complete warranty registration for products that come with a limited warranty (the kind of coverage that accompanies most products) if they disclose up front precisely what is required.

The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.

If you don't register your appliance you still have full statutory rights under consumer law. If an appliance has an inherent fault, or fails to last a reasonable time you can still get redress regardless of whether the appliance was registered.

Follow the rules expressed in the Magnuson-Moss Act. Clarify what the warranty does and does not cover. State the length of time that the product is covered. Give customers the option to extend.

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Warranty