Maine Statutes
§ 33 §1604-114 — Exclusion or modification of implied warranties of quality
(a)Except as limited by subsection (b) with respect to a purchaser of a unit that may be used for residential use, implied warranties of quality:
(1)May be excluded or modified by agreement of the parties; and
(2)Are excluded by expression of disclaimer, such as "as is," "with all faults," or other language which in common understanding calls the buyer's attention to the exclusion of warranties.
(b)With respect to a purchaser of a unit that may be occupied for residential use, no general disclaimer of implied warranties of quality is effective, but a declarant may disclaim liability in an instrument signed by the purchaser, for a specified defect or specified failure to comply with applicable law, if the defect or failure entered into and became a part of the basis of the bargain.
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Maine § 33 §1604-114 (Exclusion or modification of implied warranties of quality) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1981, c. 699 (NEW).
Nearby Sections
15
§ 33 §1604-101
Applicability; waiver§ 33 §1604-102
Liability for public offering statement requirements§ 33 §1604-103
Public offering statement; general provisions§ 33 §1604-106
Public offering statement; condominium securities§ 33 §1604-107
Purchaser's right to cancel§ 33 §1604-108
Resales of units§ 33 §1604-109
Escrow of deposits§ 33 §1604-110
Release of liens§ 33 §1604-111
Conversion buildings§ 33 §1604-112
Express warranties of quality§ 33 §1604-113
Implied warranties of quality§ 33 §1604-115
Statute of limitations for warranties