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Why should a contract for the sale of real estate specify that a warranty deed instead of a quitclaim deed must be delivered?
Wiki User
∙ 12y ago
A warranty deed provides more protection to the buyer. The seller would be guaranteeing there are no liens or encumbrances apart from those disclosed in the deed.
A warranty deed provides more protection to the buyer. The seller would be guaranteeing there are no liens or encumbrances apart from those disclosed in the deed.
A warranty deed provides more protection to the buyer. The seller would be guaranteeing there are no liens or encumbrances apart from those disclosed in the deed.
A warranty deed provides more protection to the buyer. The seller would be guaranteeing there are no liens or encumbrances apart from those disclosed in the deed.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoA warranty deed provides more protection to the buyer. The seller would be guaranteeing there are no liens or encumbrances apart from those disclosed in the deed.
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What is the journal entry for a warranty purchased in financial accounting?
The journal entry to record the purchase of a warranty in financial accounting would be to debit the Warranty Expense or Warranty Cost account and credit the Unearned Warranty Revenue account. This reflects the cost of providing the warranty coverage and defers the recognition of revenue until the warranty services are actually provided.
Can you cancel the extended warranty after 2 days and if so will your payment drop?
You can always cancel the extended warranty. Usually they will return any portion of the money for the contract that you did not use. In your case it should be at least 95% of the amount of the extended warranty. In some states there is a fee for canceling the warranty and some/all states have a grace period where you get a full refund without any fees. They will return your funds instead of lowering your monthly payment because the warranty is paid to a separate company than the car dealership. Even if the payment does drop, you should generally keep your payments as high as possible, since the interest is basically the same thing as getting charged extra for not having money.
If a seller in contract agrees to pay all taxes until sale can they make buyer pay taxes instead?
No. The seller must honor the contract.
When a business have a unionized Workforce they do not negotiate Employment contract directly with the workers what do they use instead to govern the relationship between the union and the company?
labor contract
Did edward cry when Bella was in labor?
No he did not. They can not cry in the book as vampires but instead he took control and delivered the kid.
What is COD shipment?
Cash on delivery. You pay for it when it's delivered instead of when you ship it. Usually the addressee is who pays for it.
What is an extended warranty on a car?
What is an Extended Warranty? An extended warranty, also known as a vehicle service contract, is a type of insurance that provides additional coverage for your car beyond the manufacturer's warranty. Typically, an extended warranty will cover the cost of repairs or replacements for specific components of your vehicle for a set period of time or mileage limit. The length and coverage of an extended warranty can vary depending on the provider and the specific terms of the contract. Some warranties may cover only major components like the engine and transmission, while others may provide comprehensive coverage for all parts of the car. Extended warranties can also have different deductibles and exclusions, so it's important to read the contract carefully before purchasing. How Does an Extended Warranty Work? When you purchase an extended warranty for your car, you pay a one-time fee upfront or in installments over time. In exchange, the warranty provider agrees to cover the cost of certain repairs or replacements during the term of the contract. If your car needs a repair that is covered by the extended warranty, you will typically need to take it to a licensed repair facility. The repair facility will diagnose the problem and submit a claim to the warranty provider for payment. Depending on the terms of the contract, you may need to pay a deductible or a portion of the repair cost out of pocket. Pros of Purchasing an Extended Warranty There are several advantages to purchasing an extended warranty for your car. Here are some of the most significant benefits: Peace of Mind: One of the primary advantages of an extended warranty is the peace of mind it provides. When you have an extended warranty, you know that you're covered if your car experiences a major breakdown or requires expensive repairs. Cost Savings: Car repairs can be expensive, and an extended warranty can help you save money in the long run. Instead of paying out of pocket for unexpected repairs, you can rely on your warranty to cover the cost. Transferable: In some cases, an extended warranty can be transferred to a new owner if you decide to sell your car before the warranty expires. This can increase the resale value of your car and make it a more attractive purchase for potential buyers. Cons of Purchasing an Extended Warranty While there are several advantages to purchasing an extended warranty, there are also some potential downsides to consider. Here is the most significant disadvantage: Manufacturer Warranty Overlap: If you purchase an extended warranty, you may end up paying for coverage that overlaps with the manufacturer's warranty. This can result in paying for double coverage. Factors to Consider When Deciding Whether to Buy an Extended Warranty If you're considering purchasing an extended warranty for your car, there are several factors to consider before making a decision. Here are a few of the most important factors: Age and Mileage of Your Car: If your car is relatively new and has a manufacturer's warranty that provides coverage for several years, it may not be necessary to purchase an extended warranty. On the other hand, if your car is older or has a high mileage, an extended warranty may provide valuable coverage for unexpected repairs. Cost of Repairs: Consider the average cost of repairs for your make and model of car. If repairs tend to be expensive, an extended warranty may be a good investment. Driving Habits: If you drive your car frequently or for long distances, it may be more likely to experience wear and tear that can lead to breakdowns or repairs. In this case, an extended warranty may be a wise investment to protect against unexpected expenses. Warranty Provider Reputation: When considering an extended warranty, it's important to research the reputation of the warranty provider. Look for reviews from other car owners to ensure that the provider has a track record of excellent service and coverage. Terms and Conditions: Finally, it's essential to read the contract carefully to understand the terms and conditions of the extended warranty. Pay attention to the coverage limits, exclusions, and deductibles to ensure that the warranty provides the coverage you need at a price that is reasonable. Conclusion An extended warranty can provide valuable coverage and peace of mind for car owners, but it's important to carefully consider the costs and benefits before making a purchase. By understanding the coverage options, costs, and terms and conditions of an extended warranty, you can make an informed decision about whether this type of warranty is right for you and your car.
What provides a methodology by which a browser can request that a program file be run instead of just being delivered to the browser?
cgi
What is the difference between quasi-contracts and implied-in-fact contracts?
A quasi-contract is not actually a contract but is instead a remedy. Also known as an implied-in-law contract, it is recognized in order to do justice under contract law, such as wherein the doctrine of promissory estoppel is applied.An implied-in-fact contract is a contract deemed to exist between parties whose conduct tacitly recognizes the existence of a contract between them.
Who offers extended warranty for computers?
Tiger Direct offers extended warranties on computers and other items. Because you computer is so old however i would recommend purchasing a new computer instead of paying for another warranty.
Can an unlicensed childcare provider sue you for terminating the contract with one week notice instead of two?
If you signed a contract stating a two week notice of termination, then yes they can in small claims. Keep in mind a contract has nothing to do with licenses. Two individuals can enter a contract on just about anything. If you sign it then you have agreed to it.
Is my car under warranty?
It would help if you asked a question or described symptoms instead of being so vague that changing the tire might be the correct answer.
