This Limited Warranty Certificate has been prepared to comply with the requirements of the federal Magnuson-Mass Warranty-Federal Trade Commission Improvement Act enacted in 1975 (15 U.S.C. Section 2301); certain language is required by regulations promulgated by the Federal Trade Commission (16 C.F.R. Section 701.3).
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
A Florida Limited Warranty Certificate is a legal document issued to the owner of a condominium unit, providing certain assurances and protections for the property. This certificate serves as evidence of the limited warranty, outlining the terms and conditions agreed upon between the developer/seller and the owner. Typically, there are two main types of Florida Limited Warranty Certificates issued to owners of condominium units: 1. Builder's Limited Warranty Certificate: This type of certificate is provided by the developer/builder of the condominium project, guaranteeing that the unit has been constructed according to the agreed-upon plans and specifications. It assures the owner that the unit is free from any material defects in construction, workmanship, or design. 2. Manufacturer's Limited Warranty Certificate: In addition to the builder's certificate, certain components or systems within the condominium unit may come with separate manufacturer warranties. For example, appliances, fixtures, or mechanical systems like HVAC may have their own limited warranties provided by the respective manufacturers. These warranties ensure that any defects or malfunctions arising from faulty manufacturing will be addressed by the manufacturer. The Florida Limited Warranty Certificate may contain specific keywords and details related to the warranty provisions, including: — Warranty Period: The duration for which the warranties provided are valid. It may vary for different components or systems, such as structural elements, electrical systems, plumbing, etc. — Exclusions: Any limitations or exclusions to the warranty coverage, such as damage caused by improper maintenance, misuse, or natural disasters. — Remedies: The available remedies for the owner in case of any warranted defect, which may include repair, replacement, or reimbursement. — Transferability: Whether the warranty is transferable to subsequent owners in case of property sale, or if it remains valid exclusively for the original purchaser. — Dispute Resolution: Procedures or mechanisms outlined to resolve any disputes related to the warranty claims, such as mediation or arbitration. — Notification Requirements: The process for notifying the builder or manufacturer about a potential warranty claim and the timeline within which such claims must be reported. — Limitation of Liability: The extent to which the builder or manufacturer can be held liable under the limited warranty, often subject to certain monetary limits or exclusions. This description provides an overview of a Florida Limited Warranty Certificate issued to an owner of a condominium unit, with a focus on the different types and key elements commonly associated with such certificates.A Florida Limited Warranty Certificate is a legal document issued to the owner of a condominium unit, providing certain assurances and protections for the property. This certificate serves as evidence of the limited warranty, outlining the terms and conditions agreed upon between the developer/seller and the owner. Typically, there are two main types of Florida Limited Warranty Certificates issued to owners of condominium units: 1. Builder's Limited Warranty Certificate: This type of certificate is provided by the developer/builder of the condominium project, guaranteeing that the unit has been constructed according to the agreed-upon plans and specifications. It assures the owner that the unit is free from any material defects in construction, workmanship, or design. 2. Manufacturer's Limited Warranty Certificate: In addition to the builder's certificate, certain components or systems within the condominium unit may come with separate manufacturer warranties. For example, appliances, fixtures, or mechanical systems like HVAC may have their own limited warranties provided by the respective manufacturers. These warranties ensure that any defects or malfunctions arising from faulty manufacturing will be addressed by the manufacturer. The Florida Limited Warranty Certificate may contain specific keywords and details related to the warranty provisions, including: — Warranty Period: The duration for which the warranties provided are valid. It may vary for different components or systems, such as structural elements, electrical systems, plumbing, etc. — Exclusions: Any limitations or exclusions to the warranty coverage, such as damage caused by improper maintenance, misuse, or natural disasters. — Remedies: The available remedies for the owner in case of any warranted defect, which may include repair, replacement, or reimbursement. — Transferability: Whether the warranty is transferable to subsequent owners in case of property sale, or if it remains valid exclusively for the original purchaser. — Dispute Resolution: Procedures or mechanisms outlined to resolve any disputes related to the warranty claims, such as mediation or arbitration. — Notification Requirements: The process for notifying the builder or manufacturer about a potential warranty claim and the timeline within which such claims must be reported. — Limitation of Liability: The extent to which the builder or manufacturer can be held liable under the limited warranty, often subject to certain monetary limits or exclusions. This description provides an overview of a Florida Limited Warranty Certificate issued to an owner of a condominium unit, with a focus on the different types and key elements commonly associated with such certificates.
