The Warranty Clauses form, to have and to hold, subject to the terms, exceptions, and other provisions set out in this Assignment, the “assets” unto assignee, its successors and assigns, forever, however the assignments and conveyances made by this assignment are made without warranty.
Oregon Warranty Clauses refer to specific provisions that are included in contracts or agreements in the state of Oregon to outline the rights and obligations of the parties involved in terms of warranties. These clauses provide legal protection for both buyers and sellers by defining the scope and limitations of warranties, thereby ensuring the consumer's rights are safeguarded in various transactions. There are different types of Oregon Warranty Clauses based on the purpose and nature of the transaction: 1. Implied Warranty of Merchantability: This type of warranty clause guarantees that the goods being sold are of reasonably good quality, fit for the ordinary purposes for which such goods are used, and in accordance with the standards of the trade. 2. Implied Warranty of Fitness for a Particular Purpose: This warranty clause applies when the seller knows the specific purpose for which the goods are being purchased and assures the buyer that the goods will serve that particular purpose. 3. Warranty of Title: This clause ensures that the seller holds the rightful ownership or title to the goods being transferred and has the authority to transfer the title to the buyer. 4. Express Warranty: An express warranty clause is created when the seller makes specific representations and guarantees about the quality, performance, or durability of the goods being sold. These warranties can be verbal or written. 5. Disclaimer of Warranties: Some contracts may include clauses that limit or exclude certain warranties. These disclaimers inform the buyer that specific warranties do not apply or that the seller does not make any warranties regarding the goods, excluding them from certain liabilities. 6. Warranty Limitations and Timeframes: Oregon Warranty Clauses may also set limitations on the duration or extent of warranties. For instance, they may specify a time limit within which claims must be made or limit the remedies available to the buyer in case of breach of warranty. It is essential for both buyers and sellers in Oregon to understand these different types of warranty clauses, as they have legal implications and affect their rights and responsibilities. Prior to entering into any contract or agreement, it is advisable to seek legal counsel to ensure that the warranty clauses adequately address the needs and expectations of all parties involved.
