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Mortgage origination:
Judicial System
The system of courts that interprets and applies the law in the name of the state or country.
Implied Warranty
An unwritten guarantee that the product will meet a minimum level of quality implying that it is fit for sale as intended.
Disclaim
To refuse a right or renounce a claim to something, often as a legal declaration.
Fitness for a Particular Purpose
A legal doctrine that implies a seller's promise that the goods sold will suit the specific purpose for which the buyer intends to use them.
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