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Friday, 13 September 2013

Warranty of Title

Warranty of Title
Automatically arises in most commercial sales transactions.
UCC-312 creates 3 warranties:
§ Good Title.
§ No Liens.
§ No Infringements.
Warranty Title Disclaimer
Title warranty can generally be disclaimed only with specific language in contract.

Circumstances may be obvious to clearly indicate disclaimer of title, such as a sheriff’s sale.

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