Virgin Islands Warranty Clauses

State:
Multi-State
Control #:
US-OG-489
Format:
Word; 
Rich Text
Instant download

Description

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.

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FAQ

(Civil Code § 918.) 6) The repairs must be commenced within 14 days of acceptance, done ?with the utmost diligence,? and ?completed as soon as reasonably possible,? with every effort made to complete them within 120 days.? (Civil Code § 921.)

A warranty clause is a provision in a contract that generally provides a promise specifying that something is true or will happen. In contract law, this clause can have more than one meaning, and it tends to be one of the most misunderstood.

The major difference between the callback and the other warranties is that the callback warranty includes a specific remedy: it obligates the contractor to repair or replace the defective work.

For example, many warranties for common household items only cover the product for up to one year from the date of purchase. Generally, they are covered only if the product has problems due to defective parts or workmanship. As a result of these limited manufacturer warranties, many vendors offer extended warranties.

Callback warranties are the standard warranties most of us think about when it comes to construction. During the callback warranty period, the owner can call the contractor to take care of any work that wasn't performed correctly during the project.

Company hereby represents and warrants that any Product sold under this Agreement and any replacement Product (a) is free and clear of any liens, security interests, or encumbrances of any nature; (b) has been designed, manufactured, labeled, packaged, stored, exported, and sold by Company in ance with all ...

?As is? refers to a term used in sales contracts where the buyer agrees to buy a product in its current condition, without legal recourse should the buyer discover a defect in the product after purchase.

A labor warranty safeguards homeowners who want reassurance that if anything goes wrong with their home improvement project, the contractor will promptly remedy the issue. A contractor's labor warranty covers only the installation work.

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Virgin Islands Warranty Clauses