what is the warranty on this paint

Thank you for taking the time to ask a question. 15 YEAR LIMITED WARRANTY This warranty is made to you, the product purchaser who owns the property where the product is applied. This warranty is not transferable, except that if a contractor purchased and applied the product to the property, then the warranty is transferable to you. This warranty is only valid when the product is applied and maintained according to product application and maintenance instructions to a properly prepared surface. If the product peels or blisters within 15 years from the date of purchase, Valspar shall, upon presentation of proof-of-purchase to the store where the product was purchased, either replace an equivalent quantity of product free of charge to repair the peeling or blistering or refund the original purchase price. This warranty shall not apply to any defect, damage or product failure resulting from improper surface preparation, structural defects, environmental damage, failure of a previous product, deterioration or defect in the underlying substrate, or improper application of the product. Your exclusive remedy and the sole liability of Valspar under this warranty, is the replacement of product or refund, and does not include labor or costs associated with the application or removal of any product. IN NO EVENT SHALL VALSPAR BE LIABLE FOR ANY TYPE OF INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, PUNITIVE OR INDIRECT DAMAGES, WHETHER OR NOT PURCHASER IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. ALL IMPLIED WARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, SHALL HAVE THE SAME DURATION AS THE ABOVE EXPRESS WARRANTY. Some states do not allow limitations on how long an implied warranty lasts or limitations on incidental or consequential damages, so portions of the limitations above might not apply to you. This warranty gives you specific legal rights and you may have other rights that vary from state to state. If you have any other questions, please contact us directly at 1-877-825-7727 or info@cbgbrandreview.com. Sincerely, R.C., Customer Support Specialist