A Warranty Agreement allows you to offer the promise you will repair or replace any part of your product that is not up to snuff for free during a designated time period.A warranty agreement is a legal agreement provided by a manufacturer to a buyer accepting to repair or replace, free of charge, any part proving defective in material or workmanship. The Warranty agreement is an inevitable part of a sale of a product. It is an assurance provided by the manufacturer to provide repair or replacement, free of charge, of any part proving defective in material or workmanship for a certain time period after purchase. This agreement will contain the description of the product, as well as the details of the warranty coverage. It will contain the details of the manufacturer and the buyer, and materials or services that will not be covered by warranty.
The agreement will also have the list of service centers authorized by manufacturer.A warranty is a term of a contract. Depending on the terms of the contract, a product warranty may cover a product such that a manufacturer provides a warranty to a consumer with which the manufacturer has no direct contractual relationship.A warranty may be express or implied. An express warranty is expressly stated typically, written; whether or not a term will be implied into a contract depends on the particular contract law of the country in question. A product’s warranty acts as a guarantee that it will perform. However, not all warranties are equal. A warranty might cover a product for a lifetime or a matter of days. It may cover all kinds of damage or be limited to specific defects.
Features of Warranty Agreement:
1.Can be Expressed or implied
2.Who is covered by the warranty
3.Length of warranty
4.Description of the products, parts, properties, or characteristics covered by or excluded from the warranty
5.Steps for customer in the event that warranty coverage comes into play
6.Any exclusions of or limitations on relief such as incidental or consequential damages
7.Statement of consumer legal rights
8.Any limitations on the length of implied warranties, if possible
Passport photo of all parties.
PAN card of all parties.
Aadhar card of all parties.
Utility bill of Electricity or Telephone.
Valid Address Proof of all the parties.
Driving Licence of all the parties.
Terms and Conditions
Terms and Conditions between the parties.
Other documents will be intimated through e-mail.
An assurance or promise in a contract, the breach of which may give rise to a claim for damages. It is essentially a minor term of a contract.
It is a written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time.
Yes,a warranty is a legally binding commitment forming part of the sales contract which assures the buyer that the product or service is free from defects.
A warranty often provides for a specific remedy such as repair or replacement in the event the article or service fails to meet the warranty.
The 2 types of warranty are express and Implied. Under the implied category are three major subtypes: the implied warranty of merchantability (only given by merchants), the implied warranty of fitness for a particular purpose, and the implied warranty of title
A warranty is a guarantee provided by the manufacturer of a product. It assures you the things you buy are of good quality and don't contain manufacturing defects. Warranties give consumers the right to ask the manufacturer to deal with any issues according to their terms and conditions.