Meaning of DISCLAIMER OF WARRANTIES in English

DISCLAIMER OF WARRANTIES

A contractual provision found in many loans- true net leases and conditional-sales leases by which the lessor disavows any representation or warranty- express or implied- with respect to the equipment and states that any claim by the lessee should be directed to the manufacturer or vendor of the equipment.

Finance-Leasing English vocabulary.      Английский словарь финансов и лизинга.