Implied Warranty Of Habitability

Categories: Real Estate

See: Implied Warranty.

Kinda like any implied warranty, only as applied to real estate. Like, when you rent that kitschy apartment on the corner with a nice view of the garbage dump, it's an implied warranty of habitability that you can, um, inhabit it.

Like...the heat works (in the winter) and vice versa; there's plumbing, and not just a poster of a guy pointing to a bush outside. And the asbestos has all been already removed (not a self-serve removal expectation model). You must be able to inhabit the building or your money back. Plus damages.

Related or Semi-related Video

Finance: What is a Warrant?8 Views

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Finance allah shmoop what is ah warrant Oh it's Acute

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option Like kind of a stock option Light Yeah That's

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How to think about it anyway Okay Okay It pretty

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much feels just like a stock option And yes there

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are put warrants and call warrants in the same vein

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as put options and call options So then what's the

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diff why don't we just call a warrant a stock

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option Well warrants have you know their own little characteristics

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here and they're usually issued by the company itself where

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a stock options on say microsoft will They can be

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issued by anyone who deals in options like goldman morgan

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ups sumitomo whoever whatever investment bank that makes capital markets

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trading happened they can issue options trade him have a

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spread and then make profits in them and there's nothing

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the company can really do about it They can all

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create derivative securities on stocks or bonds of their own

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volition And the company itself just kind of stands there

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looking by and wondering why they didn't get into the

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investment banking business Well goldman morgan and the others then

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offer trading in those options on exchanges in regular form

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Such that many buyers and sellers generally come together liquid

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lee to trade and you know generate profit margins for

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the desks of the bank's trading the securities right The

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banks are basically the casino house and they end up

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making most the money most of time Got that Okay

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another difference warrants and options here Warming's can last five

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ten twenty years that's Usually how many weeks options last

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and the question remains Why would a company issue what

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are essentially cheap stock options too Others to buy slices

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of its own pie While the answer as with most

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of these types of company deals is that the company

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has to issue those warrants to get a deal done

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like you know to settle a patent dispute or created

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distribution or manufacturing partnership or some of their tactical arrangement

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to make the good better and to make the problems

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go away well warrants generally or simply held for the

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duration of the partnership or of the company's existence is

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an independent and city well and conversely options are traded

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liquid leon exchanges all over the world and they can

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be sold without a whole lot of discussion with company

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Here this kind of warrant which gives you the right

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to throw a piece of paper in your own financial

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asset jail Very different kind of warrant than this one 00:02:18.383 --> [endTime] You stay away from the arrest warrants

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