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.
Puerto Rico Warranty Clauses are an essential part of legal agreements and contracts in the jurisdiction of Puerto Rico. These clauses establish the rights and obligations of both the manufacturer or seller and the consumer regarding the warranty for a product or service. In Puerto Rico, there are different types of Warranty Clauses that provide various levels of protection and coverage. These may include: 1. Express Warranty Clause: This type of warranty is specifically mentioned and agreed upon by the manufacturer or seller. It guarantees that the product or service will meet certain specifications and performance standards. 2. Implied Warranty Clause: Under Puerto Rico law, products and services are presumed to have an implied warranty of merchantability, which suggests that they are fit for their ordinary and intended use. Additionally, there is an implied warranty of fitness for a particular purpose, which means the product should satisfy specific requirements disclosed by the buyer to the seller. 3. Limited Warranty Clause: A limited warranty restricts the duration or extent of the warranty coverage. It may include certain exclusions, conditions, or limitations on remedies available to the consumer. 4. Extended or Service Contract Clause: This clause allows consumers to purchase additional coverage for a longer period or for specific services that are not covered by the standard warranty. The terms and conditions of an extended or service contract may differ from regular warranty provisions. 5. Disclaimers and Limitations Clause: This type of clause limits the liability of the manufacturer or seller for certain damages or defects. It may exclude liability for incidental or consequential damages resulting from the product's use or any other legally permissible restrictions. 6. Magnuson-Moss Warranty Act Clause: The Magnuson-Moss Warranty Act is a federal law that applies to warranties issued on consumer products valued over a certain threshold. Although not specific to Puerto Rico, it establishes requirements for written warranties, disclosure of warranty terms, and dispute resolution. Understanding these Puerto Rico Warranty Clauses is crucial for both consumers and businesses. Consumers can ensure they receive the appropriate protection for their purchases, while businesses can establish clear terms and conditions to mitigate potential disputes. Please note that while this information is based on general knowledge and research, it is always important to consult with a legal professional familiar with Puerto Rico's specific laws and regulations regarding warranty clauses.
