Implied Warranty

Courts have sometimes ruled that a warrantyA promise, either written or implied, that the material and workmanship of a product are without defect exists, even though it is not explicitly stated, when the warranty is implied or inferred from the nature of the transactionThe entry or liquidation of a trade. and circumstances. Example: It is accepted as an implied warranty in most jurisdictions that if a contractorA general contractor is a person who oversees a construction project and handles aspects such as scheduling builds a house, it is habitable and acceptable as a safe dwellingDwelling means any residential structure, whether or not attached to real property. It includes vacation place.