warranty of title
Quick Summary
A warranty is a promise or guarantee made by a seller about the quality or characteristics of goods or services. It can be express (stated orally or in writing) or implied (inferred by law). If a warranty is breached, the buyer may be entitled to damages, repair, or replacement.1
A warranty of title specifically guarantees that the seller has the legal right to sell the property and that the title is free from any claims or liens. This is common in real estate transactions, where a general warranty deed assures the buyer that the title is clear. For goods, a warranty of title is often implied but can be disclaimed.21
Ask Britannica AI about this topic
Britannica doesn't have a full article on this topic, so we've curated a list of our relevant coverage.