Revise Title Warranty For Free

Here are the key components of a Disclaimer of Warranties and Limitation of Liability clause: Services are available on an "as is" and "as available" basis. There is no warranty of operation without errors. The user bears sole risk for use. You make no warranties, express or implied.

Condition as to Title [Section 14(a)] When a good is sold the implied condition for the good is its title, i.e. the ownership of the good. If the seller does not own the title of the said good himself and sells it to the buyer, it is a breach of condition.

An implied warranty that the buyer shall have and enjoy quiet possession of the goods; An implied warranty that the goods shall be free from any charge or encumbrance in favor of any third party not declared or known to the buyer before or at the time when the contract is made.

Implied warranties are governed by state laws, not federal laws. The two key types of implied warranties are merchantability and fitness.

A warranty of title is commonly used in the real estate and mortgage industries, although, it can sometimes be used in a business arrangement. A warranty of title is an assurance given by the seller of a property that he has the right to sell or transfer ownership of the property.

A warranty of title also exists for the sale of goods (or a lease warranty for use and possession). Although the warranty is implicitly conveyed with the sale of the good, it is not identified as an implied warranty and may be disclaimed by a clearly communicated writing.

Code § 2312(3). Under this implied warranty, the seller assures the buyer that use of the goods as delivered will not infringe the intellectual property rights of a third party.

A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.

A disclaim warranty is one in which the warranty document is letting the buyer know that the seller is not to be held to any promises regarding the product.

A deed without warranty is a deed that conveys title but with no warranty against any problems with the title. A buyer who later discovers the presence of easements or problems with the title cannot sue the seller. Deeds without a warranty offer no protection for buyers, but they may be useful in limited circumstances.