Section 4-115 - Exclusion or modification of implied warranties of quality(a) Except as limited by subsection (b) of this section, with respect to a purchaser of a unit that may be used for residential use, implied warranties of quality: (1) may be excluded or modified by agreement of the parties; and(2) are excluded by express disclaimer, such as "as is," "with all faults," or other language that implies the exclusion of warranties.(b) With respect to a purchaser of a unit that may be occupied for residential use, no general disclaimer of implied warranties of quality is effective, but a declarant and any dealer may disclaim liability in an instrument signed by the purchaser for a specified defect or specified failure to comply with applicable law if the defect or failure was a part of the basis of the bargain.Added 1997, No. 104 (Adj. Sess.), § 3, eff. 1/1/1999.