Warranty

In business law, a warranty is a promise that something sold is in good condition. A warranty may be express or implied. A breach of warranty occurs when the promise is broken, i.e., a product is defective or not as should be expected by a reasonable buyer. A warranty deed is a promise that the buyer's title to a parcel of land will be defended.

See also

• Warranty deed in land transactions
• Business law
• Consumer protection
• Due diligence representations and warranties