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BREACH OF WARRANTY

Breach of warranty means the failure of any service/product to achieve a specific requirement/standard. Such a breach gives the right to buyers to claim any damages from the seller or company.

Definition

By breach of warranty, it means the violation or breach of any contract that contains a warranty. It takes place, whenever the warrantor witnesses a  failure in ensuring what has been warranted/guaranteed. The seller may offer assurance to the buyer regarding the title or the quality of the product. However, a legal claim may be made for breach of warranty, if these claims are false and misleading. The breach could be misrepresenting or falsely stating any fact or information, and also a failure to carry out any responsibility or improper conduct in terms of upholding the warranty in question.

Use of Breach Of Warranty in Real Estate

Any developer or property seller may breach the conditions of a warranty, should such a contract be agreed upon. Any supplier or manufacturer of raw materials may do the same for the buyer or developer. Failure to adhere to the conditions of the warranty constitutes a legal violation, and buyers/customers may claim damages against the same.

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