Warranted Property (Real Estate) – A warranted property is a property feature that the seller warrants to the buyer. If, when buying the property, it turns out that this property does not exist, the seller is liable for damages. A property is deemed to be warranted if the seller expressly indicates to the buyer that he intends to guarantee the existence of the property in question.
Assured property: Appreciation of a property
Properties which the seller of a property guarantees to the buyer
The following shall be deemed to be warranted if the seller expressly indicates to the buyer that he intends to guarantee the existence of the property in question
The seller is liable for damages if it turns out at the time of purchase that a characteristic is not present.
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