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.
Bexar Texas Home Builder's Warranty Agreement is a legal document that outlines the terms and conditions of warranty coverage provided by a home builder in Bexar County, Texas. This warranty ensures that the newly constructed home meets certain standards and provides protection to the homeowner against potential defects or construction issues. The Bexar Texas Home Builder's Warranty Agreement is designed to give homeowners peace of mind and assurance that their investment is protected. It typically covers a specified period after the completion of the home's construction, during which the builder is responsible for repairing or replacing any defects found in the workmanship or materials used. This warranty agreement may differ from builder to builder and may also depend on the type of dwelling being constructed. Some common types of Bexar Texas Home Builder's Warranty Agreements include: 1. Structural Warranty: This type of warranty typically covers any defects or issues related to the structural integrity of the home, such as foundation problems, framing issues, or load-bearing walls. 2. Systems Warranty: This warranty covers various mechanical systems within the home, including HVAC (heating, ventilation, and air conditioning), plumbing, electrical, and other systems. It ensures that these systems function properly and are free from defects. 3. Workmanship Warranty: This type of warranty focuses on the quality of workmanship and craftsmanship used in the construction of the home. It covers any defects or issues related to the installation of materials, finishes, or overall construction quality. 4. Appliances Warranty: Some home builders may include a separate warranty for the appliances installed in the newly constructed home, such as refrigerators, stoves, or dishwashers. This warranty ensures that these appliances are free from defects and will be repaired or replaced if necessary. 5. Roofing Warranty: Many home builders offer a separate warranty specifically for the roof, guaranteeing that it will not leak or have any defects for a certain period. This warranty may cover issues related to roofing materials, installation, or workmanship. It is important for homeowners to thoroughly review and understand the terms and limitations of the Bexar Texas Home Builder's Warranty Agreement before signing any contracts. Additionally, homeowners should keep track of any warranties, document defects, and promptly notify the builder if any issues arise within the warranty period.
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.
