warranty of habitability

warranty of habitability definition - business

warranty of habitability

The implied guarantee by a landlord that a rental property is livable, safe, and sanitary. Failure to rid a rental property of insect infestation is a breach of a warranty of habitability. A breach of warranty may allow a tenant to sue for rent reduction.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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