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.
District of Columbia Warranty
Category:
State:
Multi-State
Control #:
US-OG-840
Format:
Word;
Rich Text
Instant download
Description
How to fill out Warranty?
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FAQ
Statutes Of Limitations In Construction Law For example, the statute of limitations on defect claims in Maryland and Washington, D.C., is three years from the date the defect was discovered, or reasonably should have been discovered.
If a structural warranty defect claim is not filed within the statutory two-year period or the Rental Conversion and Sale Division determines that the claim is not a structural defect, then an Association or individual unit owner may file a breach of warranty action in the Superior Court of the District of Columbia.
(1) Unless excluded or modified (section -316), a warranty that the goods shall be merchantable is implied in a contract for their sale if the seller is a merchant with respect to goods of that kind.
The District of Columbia Condominium Act contains a statutory warranty that protects condominium associations and their unit owner members from structural defects in newly constructed and newly converted condominiums.
What is a structural defects warranty? Structural Defects Warranty protects against defects in newly built or converted and refurbished residential developments. It can also be known as latent defects insurance. It also protects against the potential cost of rebuilding and rectifying any defects that arise.
