A Limited Warranty is a written agreement between the Buyer and the Seller that specifies under what conditions, to what extent, and for how long the manufacturer of an item guarantees that it will function as claimed.
If a defect or malfunction occurs, such warranties are usually limited to the repair or replacement of the item and do not include any compensation for any loss arising.
Our Limited Warranty allows you to tailor the precise terms and conditions of the Warranty to suit your requirements.
The Warranty allows for a detailed description of the nature of the transaction from the Seller to the Buyer, with inclusions as to the precise description of the item, the item’s make, model and year as well as any guarantees that may be attached to the item.
It clearly provides the term for which the item will be under warranty, as well as the procedure that applies when the item is found to be defective, damaged, or malfunctioning in any way and what remedies the seller will offer and when.
The Limited Warranty outlines precisely when cover will not be available for damages for example when improper use, mishandling or incorrect installation occurs.
If you are buying or selling an item it is good business practice to either provide or obtain a warranty. It allows you to cover your bases and for each party to clearly know and understand the terms of the agreement.
Should a dispute arise down the track, having the agreement in writing means your rights are more likely to be upheld and should legal action be required, the written agreement is proof of the terms.
Protect your interests when you enter transactions.