Put Title Warranty For Free

Seller warrants that at the time of signing this Agreement, Seller neither knows, nor has reason to know, of the existence of any outstanding title or claim of title hostile to the rights of Seller in the goods.

Warranty clause (Ownership) - Some of the sale deeds include a session clause which means 'to seize' or to own. By this clause, the vendor warrants or assures the buyer that he is the rightful owner of the property and has the legal right to convey the property to the vendee.

Quitclaim Deed: this type of deed is common in divorces and conveying a non-vested spouse interest in a property. There is no warranty given, this simply conveys any right or title that this person may have in a property to another person.

The warranty of ownership assures the buyer that: The property is free of all rights except those declared by the seller. The seller has discharged the property of all hypothecs, except for those assumed by the buyer. The property is not subject to any encroachment on the part of the seller or a third person.

In General Practice, warranties clause can be defined as a statement of fact contained in a contract. If the statement is found to be false, then the opposite party can claim for damages but however, unlike misrepresentation, the contract is not set aside by the opposite party.

Warranty of title can give the buyer of a property legal recourse to sue the seller if there is a claim or issue attached to the property. For example, an heir of a prior owner may have an unresolved claim to the property that was not made known by the seller.

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.

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 ...