§ 34-41-4.13. Exclusion or modification of implied warranties of quality.
(a) Except as limited by subsection (b) with respect to a purchaser of a time share in a time-share unit that may be used as a dwelling or for recreational purposes, implied warranties of quality:
(1) May be excluded or modified by agreement of the parties; and
(2) Are excluded by expression of disclaimer, such as “as is”, “with all faults”, or other language that in common understanding calls the purchaser’s attention to the exclusion of warranties.
(b) With respect to a purchaser of a time share in a time-share unit that may be used as a dwelling or for recreational purposes, no general disclaimer of implied warranties of quality is effective, but a developer may disclaim liability in an instrument signed by the purchaser for a specified defect or specified failure to comply with applicable law if the existence of the defect or failure entered into and became a part of the basis of the bargain.
History of Section.P.L. 1984, ch. 141, § 2.
Structure Rhode Island General Laws
Chapter 34-41 - Rhode Island Real Estate Time-Share Act
Article IV - Protection of Purchasers
Section 34-41-4.01. - Applicability — Exemptions.
Section 34-41-4.02. - Liability for public offering statement requirements.
Section 34-41-4.03. - Public offering statement — General provisions.
Section 34-41-4.04. - Public offering statement — Conversion building.
Section 34-41-4.05. - Public offering statement — Time-share securities.
Section 34-41-4.06. - Purchaser’s right to cancel.
Section 34-41-4.07. - Resales of time shares.
Section 34-41-4.08. - Deposits.
Section 34-41-4.10. - Conversion building.
Section 34-41-4.11. - Express warranties of quality.
Section 34-41-4.12. - Implied warranties of quality.
Section 34-41-4.13. - Exclusion or modification of implied warranties of quality.
Section 34-41-4.14. - Statute of limitation for warranties.
Section 34-41-4.15. - Effect of violations on rights of action.
Section 34-41-4.16. - Labeling of promotional material.