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JGM
JGM, Solicitor
Category: UK Law
Satisfied Customers: 10105
Experience:  30 years as a practising solicitor.
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Can a building society give a warranty as it is not a limited

Customer Question

Can a building society give a warranty as it is not a limited company ? It is a company registered under the Building Societies Act '86.
Submitted: 1 year ago.
Category: UK Law
Customer: replied 1 year ago.
Have you been able to answer the question ? I'm just wondering. Thanks
Expert:  JGM replied 1 year ago.
Thank you for your question.
What kind of warranty are you referring to?
Customer: replied 1 year ago.
A standard warranty/ies in relation to performance of obligations under the contract, all information given is true and correct, no threatened or outstanding disputes etc
Can a building society give such warranties ?
Customer: replied 1 year ago.
Are you able to answer the question ? No problem if not but you might let me know. Thanks
Expert:  JGM replied 1 year ago.
What contract?
Who is performing it?
Why is the institution guaranteeing performance?
In principle there's no reason why a building society can't give a warranty. A bank is governed by statute and its Articles of Association. A building society is governed by statute and its Rules.

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