Explain What Is Meant by an Implied Warranty of Habitability

question 13

Essay

Explain what is meant by an implied warranty of habitability and how this doctrine has changed the common law approach with respect to residential leases.

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Definitions:

Coefficient Of Determination

A statistical measure, often denoted as R^2, that illustrates the proportion of variance for a dependent variable that's explained by an independent variable or variables in a regression model.

Y-intercept

The point where a line crosses the Y-axis of a graph.

Linear Regression

A statistical method for modeling the relationship between a dependent variable and one or more independent variables using a linear equation.

Dependent

Suggests a reliance on something else for value, substance, or outcome; often used in context with variables in research where one variable's response is contingent on another's action.