Pozzter

Definition of Warranty

A covenant real, whereby the grantor of an estate of freehold and his heirs were bound to warrant and defend the title, and, in case of eviction by title paramount, to yield other lands of equal value in recompense. This warranty has long singe become obsolete, and its place supplied by personal covenants for title. Among these is the covenant of warranty, which runs with the land, and is in the nature of a real covenant.

An engagement or undertaking, express or implied, that a certain fact regarding the subject of a contract is, or shall be, as it is expressly or impliedly declared or promised to be. In sales of goods by persons in possession, there is an implied warranty of title, but, as to the quality of goods, the rule of every sale is, Caveat emptor.

A stipulation or engagement by a party insured, that certain things, relating to the subject of insurance, or affecting the risk, exist, or shall exist, or have been done, or shall be done. These warranties, when express, should appear in the policy; but there are certain implied warranties.

Justificatory mandate or precept; authority; warrant.

Security; warrant; guaranty.

To warrant; to guarantee.

Reply
0 votes
↓ advertisement

Keep reading

What does it mean? Run

of Run of Run To move, proceed, advance, pass, go, come, etc., swiftly, smoothly, or with... More >>


What is Set?

of Set To cause to sit; to make to assume a specified position or attitude; to give site or... More >>


What is the meaning of Turn?

To cause to move upon a center, or as if upon a center; to give circular motion to; to cause to... More >>


What is the meaning of Point?

To appoint. That which pricks or pierces; the sharp end of anything, esp. the sharp end of a... More >>


What is the meaning of Pass?

To go; to move; to proceed; to be moved or transferred from one point to another; to make a... More >>


Round (definition)

To whisper. Having every portion of the surface or of the circumference equally distant from... More >>


What does Light mean?

That agent, force, or action in nature by the operation of which upon the organs of sight,... More >>


What is the meaning of Stock?

The stem, or main body, of a tree or plant; the fixed, strong, firm part; the trunk. The... More >>

↓ advertisement