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Requirements of the Magnuson-Moss Act Warrantors must designate or title a written warranty as either "full" or "limited". Warrantors must state certain information about the coverage of the warranty in a single, clear, and easily readable document.
The FTC adopted three Rules under the Act, the Rule on Disclosure of Written Consumer Product Warranty Terms and Conditions (the Disclosure Rule), the Rule on Pre-Sale Availability of Written Warranty Terms (the Pre-Sale Availability Rule), and the Rule on Informal Dispute Settlement Procedures (the Dispute Resolution ...
What are the Requirements of the Magnuson-Moss Warranty Act? The FTC requires that a merchant warranting a consumer product disclose, fully and conspicuously, in simple and readily understood language, the terms and conditions of the warranty.
What the Magnuson-Moss Act Requires As a warrantor, you must designate, or title, your written warranty as either "full" or "limited." As a warrantor, you must state certain specified information about the coverage of your warranty in a single, clear, and easy-to-read document.
This law guarantees a car buyer that certain minimum requirements of warranties must be met, and provides for disclosure of warranties before purchase. When a warrantor fails to repair a car within a reasonable number of times, the warrantor will be liable to pay damages to the consumer under the Magnuson-Moss Act.
To prevail under Magnuson-Moss, a plaintiff must show there is a valid warranty, the product was presented for repair during the warranty period, and the manufacturer failed to conform the product to the provisions of the warranty within a reasonable amount of time or number of repair attempts.
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.
Remedies Under the Magnuson-Moss Warranty Act Money damages which you believe would fairly compensate Plaintiff for any loss he has suffered as a result of Defendant's violations, including: a. Repair costs, past and future; b. Rental costs; c.