§ 4-115.
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/vt/4-115A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 4-115. Exclusion or modification of implied warranties of quality
(a)Except as limited by subsection
(b)of this section, 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 express disclaimer, such as “as is,” “with all faults,” or other language that implies 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 and any dealer 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 was a part of the basis of the bargain. (Added 1997, No. 104 (Adj. Sess.), § 3, eff. Jan. 1, 1999.)