§ 47C-4-115. Exclusion of modification of implied warranties of quality. - North Carolina Statutes

§ 47C‑4‑115. Exclusion of modification of implied warranties of quality.

(a)        Except as limited by subsection (b) with respect to apurchaser of a unit that may be used for residential use, implied warranties ofquality:

(1)        May be excluded or modified by agreement of the parties; and

(2)        Are excluded by expression of disclaimer, such as "asis," "with all faults," or other language which in commonunderstanding calls the buyer's attention to the exclusion of warranties.

(b)        With respect to a purchaser of a unit that may be occupiedfor residential use, no general disclaimer of implied warranties of quality iseffective, but a declarant and any person in the business of selling realestate for his own account may disclaim liability in an instrument signed bythe purchaser for a specified defect or specified failure to comply withapplicable law, if the defect or failure entered into and became a part of thebasis of the bargain. (1985 (Reg. Sess., 1986), c. 877, s. 1.)