warrantors

A warrantor is a person or entity that provides a warranty, promising that certain facts are true or that specified obligations will be performed. The warrantor assumes liability to the recipient of the warranty (the warrantee) if the stated conditions are not met. The term is used across several legal contexts, and the specifics depend on the setting.

In consumer products and services, the warrantor is typically the manufacturer or seller that promises to repair, replace, or refund a defective item during a defined warranty period. Warranties may be express, stated in a contract, label, or manual, or implied by law, such as implied merchantability or fitness for a particular purpose. Warrantors may limit their liability through exclusions, disclaimers, or time limits.

In financial and corporate contexts, a warrantor can be a guarantor who agrees to ensure the performance or repayment of another party’s obligation. Examples include a parent company guaranteeing a subsidiary’s debt, or a third party guaranteeing a loan or bond. The scope of the guarantee is set by the contract and may include remedies if the primary obligor defaults.

In real estate, a warrantor may refer to the grantor in a warranty deed who warrants title to the grantee. Warranties of title may cover the seller’s ownership, freedom from encumbrances, and the assurance of defense against claims. Breach of title warranties can lead to claims for damages or specific performance.

Liability for warrantors is typically governed by contract terms, applicable statutes of limitations, and any applicable disclaimers or caps on damages.