When I spoke to a vzw rep at the store she mentioned that me giving my sibling my old phone would void the warranty, technically. However, this is easily overlooked by vzw and they'll gladly replace the phone if anything were to happen to it, as long as it's within the 1yr time frame. I know it's not a sure answer, but gives you something to go off of. You can always call Verizon and ask too, they'll give you the answer.
Hi Mike!Like all devices sold by Verizon Wireless, the manufacturer's warranty is not transferable from the first original owner to any subsequent owner.DionM_VZWFollow Us on Twitter! VZW Support (@VZWSupport) on Twitter