Implied Warranty at Real Estate Glossary

What is it? A theory in landlord/tenant law in which the landlord renting residential property implies quiet enjoyment of the property or that the property is habitable. (See habitability, quiet enjoyment)

Real Estate Definition Added By: Emily

Send To Friends!

If you'd like to send the Implied Warranty definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Implied Warranty. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Covenant Of Quiet Enjoyment is The covenant implied by law by which a landlord guarantees that a tenant may take possession of leased premises and that the landlord will not interfere in the tenants possession or use of the property. The grantor guarantees that the grantees title wil

Real Estate Term Appraisal report is A detailed written report on the value of a property based on recent sales of comparable sites in the area.

Real Estate Term Cash-Out Scheme is Where a buyer offers a large cash downpayment and asks the seller to carry-back the balance as a subordinate trust deed. (See carry-back, subordination clause)

Real Estate Term Appraiser is An independent person trained to provide an unbiased estimate of value, such as a professional service performed for a fee.

Real Estate Term HERS Score is A number between 0-100 that is used to designate the energy efficiency of a home compared to guidelines established by the Home Energy Rating System Council. The higher the score (number), the greater the energy efficiency of the residence. (See Home Ener