A warranty agreement is a legally binding agreement that formalizes a promise or guarantee which provides assurance between parties that certain conditions or facts are true, correct, or will happen in the future.
The key information in a warranty agreement may include information regarding the fitness of an item or a product (as in fit for use as represented). And it usually also declares the item is free from defects or harmful substances.
Additional features in a warranty agreement will usually include a specified time the warranty will be in place as well as conditions that make the warranty invalid. For instance, when purchasing products with a warranty, a typical warranty agreement will agree to replace or repair an item under certain conditions such as only having repairs implemented by an authorized representative.
There are 4 main types of warranties:
- Express Warranty
- Implied Warranty
- Extended Warranty
- Special Warranty Deed
Accordingly, warranty agreements are complex and should be drafted carefully. If there is a dispute or claim, you need to ensure you are protected.
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Here are several Warranty Agreements currently available on RealDealDocs.com
Warranty Agreement for AVALON GLOBOCARE CORP., Avalon Globocare Corp, Beijing DOING Biomedical Technology Co, Ltd
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