warranties background

warranties

/ˈwɒ.ɹən.tiz/ /ˈwɔɹ.ən.tiz/

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noun

Garantías

A guarantee that a certain outcome or obligation will be fulfilled; security.

Examples :

"The new refrigerator came with three different warranties, covering the motor, the compressor, and rust damage. "

El nuevo refrigerador vino con tres garantías diferentes, que cubrían el motor, el compresor y los daños por óxido.

business law finance insurance economy

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noun

Garantías

An obsolete legal agreement that was a real covenant and ran with the land, whereby the grantor and his heirs of a piece of real estate held in freehold were required to officially guarantee their claim and plead one’s case for the title. If evicted by someone with a superior claim (paramount title) they were also required to hand over other real estate of equal value in recompense. It has now been replaced by personal covenants and the covenant of warranty.

Examples :

""Because the old land deed referred to warranties, a type of land guarantee no longer in use, the modern real estate lawyer had to research historical property laws to understand the document's original intent." "

Debido a que la antigua escritura de propiedad se refería a las garantías, un tipo de garantía de tierras que ya no se utiliza, el abogado de bienes raíces moderno tuvo que investigar las leyes históricas de propiedad para comprender la intención original del documento.

property law history title finance

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noun

Garantías

A legal agreement, either written or oral (an expressed warranty) or implied through the actions of the buyer and seller (an implied warranty), which states that the goods or property in question will be in exactly the same state as promised, such as in a sale of an item or piece of real estate.

Examples :

"The new refrigerator came with two warranties: one covered parts for five years, and the other covered labor for one year. "

El nuevo refrigerador vino con dos garantías: una cubría las piezas durante cinco años y la otra cubría la mano de obra durante un año.

law business commerce finance insurance economy property

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noun

Garantías

A written guarantee, usually over a fixed period, provided to someone who buys a product or item, which states that repairs will be provided free of charge in case of damage or a fault.

Examples :

"I made sure to check the terms of my warranty for my computer to ensure I was covered in case it broke down."

Me aseguré de revisar los términos de la garantía de mi computadora para asegurarme de estar cubierto en caso de que se estropeara.

business commerce finance insurance economy

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noun

Garantías

(insurance law) A stipulation of an insurance policy made by an insuree, guaranteeing that the facts of the policy are true and the insurance risk is as stated, which if not fulfilled renders the policy void.

Examples :

"The insurance company denied their claim because the applicant's warranties about the building's fire safety systems were false, rendering the policy invalid. "

La compañía de seguros denegó su reclamación porque las garantías del solicitante sobre los sistemas de seguridad contra incendios del edificio eran falsas, lo que invalidó la póliza.

insurance law business

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noun

Justificación, autorización

Justification or mandate to do something, especially in terms of one’s personal conduct.

Examples :

"Her parents' strong support and encouragement were her warranties for pursuing her dream of becoming a doctor. "

El fuerte apoyo y el aliento de sus padres fueron su justificación para perseguir su sueño de convertirse en médico.

business finance law insurance

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verb

Garantizar, asegurar

To warrant; to guarantee.

Examples :

"The company warranties its laptops for one year against manufacturing defects. "

La empresa garantiza sus portátiles durante un año contra defectos de fabricación.

business commerce finance insurance law