What is a warranty?

   In law, Warranty is a promise or cove­nant by deed, made by the bargainer for himself and his heirs, to warrant or secure the bargainee and his heirs against all men in the enjoyment of an estate or other thing granted. The use of warranties in conveyances has long been superseded by covenants for title, w7hereby, as the covenanter engages for his executors and administrators, his personal as well as his real assets are answerable for the performance of the cove­nant.
   Also, any promise (express or implied by law, according to circumstances) from a vendor to a purchaser, that the thing sold is the vendor's to sell and is good and fit for use, or at least for such use as the pur­chaser intends to make of it. Warranties in insurance are absolute conditions, non-compliance with which voids the insurance. When express, these warranties should appear in the policy, but there are certain im­plied warranties.