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.
Wyoming Warranty Clauses
Category:
State:
Multi-State
Control #:
US-OG-489
Format:
Word;
Rich Text
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FAQ
With a warranty provision, the contractor ?warrants? (or represents) that their work will be conducted in ance with the set standards that were issued in the contract, and otherwise be free of construction defects and stay in line with the design documents.
A product should be free of defects and the company or individual selling it should provide a warranty that covers the product for a specific amount of time. During that time, the seller is warranting that any defects would be repaired at no charge to the buyer.
Company's Obligations If a covered defect occurs during the one-year warranty period, the Company agrees to repair, replace, or pay the Owner the reasonable cost of repairing or replacing the defective item.
In Wyoming, a contractor cannot be held liable for damages caused by defects in the plans and specifications, as long as they completed the job in a workmanlike manner and in substantial compliance with those plans and specifications.
Implied warranties are promises about the condition of products at the time they are sold, but they do not assure that a product will last for any specific length of time. (The normal durability of a product is, of course, one aspect of a product's merchantability or its fitness for a particular purpose.)
An example of an implied warranty is an assumption that the product that you buy will work. For example, if you purchase a washing machine, the assumption is that the washing machine will work and wash your clothes. If you buy a sandwich from a deli, the implied warranty is that the sandwich is edible.
An implied warranty is a guarantee that is not written down or explicitly spoken. Article 2 of the Uniform Commercial Code ("UCC") governs the sale of goods. An implied warranty is automatically presumed regarding the sale of goods or real property, which prevents a risk from transferring to the buyer.
(1) The implied warranty of merchantability provides that an item is reasonably fit for the ordinary purposes for which such items are used.