WARRANDICE

WARRANDICE warrandice (wahr-[schwa]n-dis or -dIs).Scots law. An obligation to indemnify the grantee or buyer of land if another person establishes a superior title and takes possession. personal warrandice. An obligation to indemnify that binds the grantor and the grantor’s heirs. real warrandice. An obligation by which certain lands are made over as security for lands […]