Common use of Warranty Transfer Clause in Contracts

Warranty Transfer. 1. Some SR Products warranties, where specifically stated in the warranty, may be transferred by the Building Owner to a subsequent purchaser of the property with the following procedure: a. The Building Owner to whom the warranty was issued must give SR Products not less than ten (10) days written notice before a proposed transfer. b. SR Products will make every effort to inspect the roofing system and provide the Owner and proposed purchaser with a written report on its finding within 30 days. c. Based on the report, SR Products may require certain maintenance and/or corrective actions to be completed prior to approving the transfer of the warranty. Review the appropriate SR Products warranty for specific warranty coverage, terms, conditions and limitations.