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Representations and Warranties

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Home Startup Terms Glossary Representations and Warranties

What are Representations and Warranties?

Representations and warranties refer to the matters and facts within a contract. Representations are statements of facts that are understood to be a condition of the sale. Warranties, on the other hand, generally define the conditions of the contract at some point in the future.

Representations and Warranties Examples

Examples of what representations and warranties might cover:

  • Example 1. Financial assurances
  • Example 2. The company is operating lawfully
  • Example 3. Company assets are owned outright

Here’s another web page about representations and warranties.

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