Assignee Warranty Obligations Explained
Summary
In Arizona, an assignee typically warrants that they have a valid legal right to transfer the assigned right and that no defenses can be raised against the transferred right. These warranties are essential for ensuring the smooth transfer of rights in contracts. If you are dealing with a specific situation or contract involving these warranties, it may be beneficial to seek tailored legal advice.Full Conversation
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In Arizona, an assignee typically makes the following warranties:
- They have a valid legal right to transfer the assigned right.
- No defenses can be raised against the transferred right.
Is there a specific situation or contract you're dealing with that involves these warranties? This can help provide more tailored information.