What is a Home Builder’s Warranty Agreement?
When a new construction home is completed by a home builder, the client should be confident that the manufacturer or seller they’ve hired will provide high-quality products and perform high-quality work. In the construction industry, client confidence becomes even more critical as the high standards expected of contractors directly impact safety. In such situations, warranty contracts come in handy.
A construction warranty is a legal document in which the contractor provides a covenant that guarantees to the client (homeowner) that they will perform all works following building codes and standards and project specifications without flaws or defects. Breaching such an agreement results in monetary recovery of related damages and costs for material replacement or reparation works to be carried out at the contractor's expense.
The Magnuson-Moss Warranty Act, a US federal law enacted in 1975, regulates warranty contracts. It states that while not all products and services require written guarantees, if parties conclude one, then such an agreement must comply with the Act. This law aims to prevent manufacturers from misleading clients with inappropriate and unfairly made disclaimers on the guarantees.
Types of warranties
There are two general types of contractor warranty agreements:
- Express warranty is a written or verbal guarantee from the seller that the purchased product is of a certain quality and that the seller can replace or repair it if there are any defects.
- Implied warranty is a guarantee that the purchased product operates as it should.
Builders’ warranties operate under another classification because of industry specifics:
- Time-based warranty is the contractor’s promise to provide a particular thing in a defined condition at a specified time (for example, to guarantee the construction is waterproof for a certain number of years).
- General warranty is a guarantee to perform defined works according to the project blueprints and specifications without a time reference.
Preparing a new Home builder warranty To complete your paperwork correctly, use a verified home builder’s timely-based guarantee agreement from the US Legal Forms library. This multi-state editable and printable legal template requires you to fill out the following information:
- Name and contact details of the contractor and the buyer;
- Newly-constructed house description;
- List of items that are under builder’s guarantees (can be expanded);
- List of items the builder doesn’t take responsibility for (can be changed);
- Name of the state that will govern the agreement.
Allegheny Pennsylvania Home Builder's Warranty Agreement is a contract that aims to protect homeowners from potential defects and issues that may arise in newly constructed homes. This warranty agreement ensures that the builder will address necessary repairs or replacements within a specified time frame, providing peace of mind to homeowners. Key aspects of the Allegheny Pennsylvania Home Builder's Warranty Agreement may include coverage for structural components, mechanical systems, and various materials used in the construction process. It typically covers a specific duration after the completion of the home, ensuring that the builder is responsible for any defects found during this period. There are different types of Allegheny Pennsylvania Home Builder's Warranty Agreements, which may include: 1. Structural Warranty: This type of warranty specifically covers the structural integrity of the home, including the foundation, load-bearing walls, and roof structure. It ensures that any problems arising from faulty construction are rectified by the builder. 2. Systems Warranty: This warranty focuses on the mechanical systems of the home, such as plumbing, electrical, HVAC, and appliances. It guarantees repairs or replacements for any malfunctioning systems during the specified time frame. 3. Materials Warranty: This type of warranty covers defects in the materials used in the construction of the home, including windows, doors, flooring, cabinets, and roofing materials. It ensures that any substandard or defective materials will be replaced by the builder. 4. Workmanship Warranty: This warranty protects homeowners from poor workmanship or construction quality issues. It encompasses aspects like uneven walls, improper installation of fixtures, and other cosmetic defects. The builder is obligated to rectify any workmanship-related problems during the warranty period. It is important to thoroughly review the Allegheny Pennsylvania Home Builder's Warranty Agreement to understand the specific coverage, exclusions, and duration provided. Homeowners should consult with the builder and clarify any doubts before signing the agreement, ensuring that they are fully protected from potential defects and issues that may arise in their newly-built home.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
