What is the term for a warranty that is neither express nor implied?

Master the Manufactured Homes Dealer Test. Study with engaging flashcards and multiple choice questions. Each question is supported with helpful hints and clear explanations. Prepare to ace your exam!

The term for a warranty that is neither express nor implied is referred to as an "as-is warranty." This type of warranty indicates that the product is sold in its current condition, and the seller disclaims any guarantees or additional warranties regarding the quality or performance of the item. When a buyer purchases something with an as-is warranty, they accept the item with any faults it may have and are aware that they cannot hold the seller accountable for any issues that arise after the sale.

In the context of manufactured homes, a seller may provide an as-is warranty to indicate that they make no promises about the property’s condition beyond what is visibly apparent at the time of sale. This kind of warranty places the responsibility on the buyer to conduct their due diligence before completing the purchase.

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