Warranties – important part of the contract

Guarantees are usually included in the contract design. These guarantees result from the due diligence process.

In the due diligence phase, the seller makes statements about the completeness of contract listings, contaminated sites in the soil, legal disputes, etc. The seller is liable for these statements, which are set down in writing. In order to be able to enforce claims for damages that may arise from deviations from the statements of the seller, guarantees and claims for damages in the event of deviations from these guarantees are stipulated in the purchase contract.

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