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Warranty
Definition
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| a promise that certain stated facts are true. a guaranty by the seller, covering the title as well as the physical condition of the property. a Warranty is different from a representation in that a representation is a statement made in the course of negotiations leading up to the sale, but not incorporated into the contract. a Warranty, on the other hand, is a statement in the contract asserting the truth of certain things about the property.
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