Nc warranty 2025

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The document is a General Warranty Deed for the transfer of property from one corporation to another in North Carolina. It outlines the grantor and grantee details, the legal description of the property, and includes provisions regarding title warranty and exceptions. The deed requires signatures from corporate officials and a notary public.

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What is the warranty law in NC?

66-187. Warranty obligations. (a) Whenever a supplier and a dealer enter into an agreement, the supplier shall pay any warranty claim made by the dealer for warranty parts or service within 30 days after its approval. The supplier shall approve or disapprove a warranty claim within 30 days after its receipt.

How long is a builder liable for his work in NC?

It states that construction companies and property owners have six years from the start of disputes to take legal action. This statute of repose for construction disputes protects North Carolina contractors from having to worry about facing lawsuits stemming from projects they worked on many years ago.

What is the 42-14 law in NC?

42‑14. A tenancy from year to year may be terminated by a notice to quit given one month or more before the end of the current year of the tenancy; a tenancy from month to month by a like notice of seven days; a tenancy from week to week, of two days.

What is the implied warranty law in NC?

25‑2‑314. Implied warranty: Merchantability; usage of trade. (1) Unless excluded or modified (G.S. 25‑2‑316), a warranty that the goods shall be merchantable is implied in a contract for their sale if the seller is a merchant with respect to goods of that kind.

What is a North Carolina general warranty?

The general warranty deed is the most common type of deed used in North Carolina. This deed is different from the rest because the seller protects the buyer against any title defects or claims arising at any point in time, not just for the length of time when the seller owned the property.

What are the rules of a warranty?

The Basic Concepts: 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.

Nc warranty 2025

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