5. Limitation of Liability.
5.1. Liability Limitation: Exclusion of Conse-
quential Damages. This Limited Warranty is
for the benet of the owner and MasterCraft,
and shall not create or evidence any right in
any third party. THE REPAIR OR REPLACE-
MENT OF DEFECTIVE COMPONENT PARTS
AS PROVIDED UNDER THIS LIMITED WAR-
RANTY IS THE EXCLUSIVE REMEDY OF THE
CONSUMER. TO THE MAXIMUM EXTENT
PERMITTED BY APPLICABLE LAW, IN NO
EVENT SHALL MASTERCRAFT BE LIABLE
FOR ANY INCIDENTAL, CONSEQUENTIAL,
SPECIAL, INDIRECT, PUNITIVE OR EX-
EMPLARY DAMAGES OR LOST PROFITS
WHATSOEVER ARISING OUT OF THE USE
OR INABILITY TO USE THE BOAT OR ANY
COMPONENT PART THEREOF, OR FOR
ANY BREACH OF THIS LIMITED WARRANTY
OR OTHERWISE, EVEN IF MASTERCRAFT
HAS BEEN ADVISED OF THE POSSIBILITY
OF SUCH DAMAGES OR SUCH DAMAGES
COULD REASONABLY HAVE BEEN FORE-
SEEN BY MASTERCRAFT. However, some
states do not allow the exclusion or limitation
of incidental or consequential damages, so
the above limitation or exclusion may not ap-
ply to you.
5.2. Purchase Price Limitation. In any event,
MasterCraft’s entire liability under any pro-
vision of this Limited Warranty shall be lim-
ited to the repair or replacement of the boat,
trailer or component part, or the refund of
the purchase price paid by the consumer for
the boat, trailer or component part found to
be defective within the applicable warranty
period. This shall constitute MasterCraft’s
sole liability and obligation in the event of any
claim arising out of its performance or non-
performance of any provision of this Limited
Warranty. Because some states and jurisdic-
tions do not allow the exclusion or limitation
of liability, the above limitations may not ap-
ply to you.
6. Transfer of Limited Warranty. Upon the rst
sale, conveyance or other transfer of the boat or
trailer by the original retail purchaser, any remain-
ing unexpired Limited Warranty coverage shall be
transferred to the second owner and shall remain
in eect for the remainder of the applicable war-
ranty period(s) set forth in Sections 2.1, 2.2, 2.3 and
2.4 hereof (which warranty periods begin to run
from the date of the original retail purchase of the
boat or trailer, or the rst use of the boat or trailer,
whichever rst occurs, as applicable), upon delivery
of the warranty transfer card and payment of the
applicable warranty transfer fee to MasterCraft.
With respect to the Lifetime Limited Warranty
(granted only to the original retail purchaser) on
the Structural Components set forth in Section 2.1
hereof, if the sale, conveyance or other transfer of
the boat by the original retail purchaser to another person or entity occurs within
three (3) years of the date of the original retail purchase of the boat by the original
retail purchaser, then the Limited Warranty on the Structural Components shall be
transferred to the second owner and shall continue in eect for a period of ten (10)
years from the date of the original retail purchase of the boat by the original retail
purchaser. If the sale, transfer or conveyance of the boat by the original retail pur-
chaser occurs more than three (3) years after the date of the original retail purchase
of the boat, then the Limited Warranty on Structural Components (as well as all
other warranties) shall be void as of the date of transfer and shall not be transfer-
able to the second owner.
Only one (1) transfer under the provisions of this Section 6 (from the original retail
purchaser to the second owner), within the applicable time period, may be made.
In the event of a sale or transfer of the boat or trailer by a second owner to a sub-
sequent purchaser, all coverage under this Limited Warranty shall immediately be
terminated and the Limited Warranty shall become null and void. No transfer of
this Limited Warranty will operate to extend the warranty periods set forth in Sec-
tion 2 hereof. In order to eectuate the transfer of the Limited Warranty, the origi-
nal retail purchaser and the new owner must properly ll out the warranty trans-
fer card found in the back of the Owner’s Manual and deliver the completed card,
together with a check made payable to “MasterCraft Boat Company, LLC.” in the
amount of the warranty transfer fee, via U.S. Mail, postage prepaid, to MasterCraft
at the address shown on the warranty transfer card. The card and check for the
warranty transfer must be post-marked within the time period specied above in
this Section 6 in order for the warranty transfer from the original retail purchaser to
the second owner to be eective.
MasterCraft 2012 Owners Manual • Limited Warranty Statement • Page 5-4