Notes

Difference Between Condition And Warranty – Stipulation

Difference Between Condition And Warranty – Hello friends, in this article, we are going to share 4 main difference between Warranty and Condition.

Difference Between Condition And Warranty

Sr. No.BasisConditionWarranty
1NatureA condition is the main object of the contract.A warranty is collateral to the object of the contract.
2RemediesIf a condition is breached, the aggrieved party has the right to repudiate the contract, and is entitled to damages from the defaulting partyA breach of warranty does not entitle the aggrieved party to repudiate the contract, it only entitles it to damages from the other party.
3Legal EffectThe contract ceases to be legal on the breach of a condition.A breach of warranty does not have any legal effect on the contract.
4TreatmentThe contract ceases to exist on the breach of a condition and the aggrieved party can only be compensated by damages it receives from the other party.A breach of warranty is not deemed to be a breach of condition, and the aggrieved party cannot repudiate the contract on such ground.
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