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2021-01-25
Draft Over Title Warranty Feature
The Draft Over Title Warranty is a vital tool designed to protect your investment in property. This feature serves as a safeguard, ensuring that any changes to property titles do not lead to disputes or loss. With this warranty, you can confidently navigate the complexities of property ownership.
Key Features
Protection against title discrepancies
Legal support in case of disputes
Comprehensive coverage for property investments
Easy management of property changes
Quick resolution of title issues
Potential Use Cases and Benefits
Individual homeowners looking to secure their property investment
Real estate investors who want to avoid unforeseen title issues
Businesses acquiring land to ensure clear ownership
Estate planners managing assets for streamlined transfers
Realtors seeking to provide clients with additional assurance
This warranty addresses common problems that arise with property titles, such as unexpected claims or unclear ownership. By using the Draft Over Title Warranty, you take proactive steps to resolve these issues before they become significant hurdles. With this feature, you gain peace of mind, knowing that your property is protected.
For pdfFiller’s FAQs
Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
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Can a warranty of title be disclaimed?
The implied warranty of title comes in every sale unless effectively disclaimed. It guarantees that the seller has the legal right to transfer the goods, and they will be delivered free from liens or encumbrances that the buyer did not know about at the time of contracting.
Can express warranties be disclaimed?
An express warranty must be expressly disclaimed. Finally, a seller may disclaim all implied warranties by stating that the good is being sold as is, with all faults, or by stating some other phrase that makes it plain to the buyer there are no implied warranties.
How do I disclaim my express warranty?
In a sales contract, an express warranty can be disclaimed by a statement that excludes an express warranty. An implied warranty, on the other hand, is a form of warranty that is implied by law. Basically, there are two kinds of implied warranty.
Can the implied warranty of merchantability be disclaimed?
The warranty of merchantability is implied, unless expressly disclaimed by name, or the sale is identified with the phrase “as is” or “with all faults”. To be “merchantable”, the goods must reasonably conform to an ordinary buyer's expectations, i.e., they are what they say they are.
What is an example of an express warranty?
For example, if a consumer buys a business jacket online, but when it arrives the item is the wrong size, wrong color, or is missing buttons, an express warranty might entitle the consumer to a refund or replacement.
How does a seller modify or disclaim a warranty?
A seller can easily disclaim express warranties by including statements in brochures, samples, and models stating that no warranty exists. In addition, salesmen should be cautious not to make verbal promises without a disclaimer.
How do you disclaim warranty?
If a seller does not wish to be held to implied warranties, the seller may issue a disclaimer. A disclaimer is a renunciation of the promises contained in an implied warranty. Disclaimers are typically accomplished through conspicuous language regarding merchantability or “as is” language.
What is the purpose of a warranty disclaimer?
A warranty disclaimer is a statement or written document that informs a buyer that the seller is not bound by any warranty guarantees or promises regarding the product. Either way, the disclaimer serves to release the seller or producer from legal liability for product failures or defects.
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