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.
Missouri Limited Warranty Certificate Issued to Owner of Condominium Unit: A Missouri Limited Warranty Certificate is a document issued to the owner of a condominium unit in the state of Missouri that provides them with certain assurances and protections for their property. This certificate serves as proof that the developer, builder, or seller of the condominium unit warrants that the construction and materials used in the unit are free from defects for a specific period of time. Key Features of a Missouri Limited Warranty Certificate: 1. Defect-Free Construction: The certificate guarantees that the condominium unit has been constructed using quality materials and workmanship, ensuring that it is free from any major structural defects. 2. Warranty Period: The duration of the warranty period is typically outlined in the certificate. It may vary from one builder or developer to another, but common durations include one, two, or five years from the date of purchase. 3. Warranty Coverage: The limited warranty usually covers components that are integral to the unit's structure, such as the foundation, framing, and roof. It may also extend to certain mechanical systems, such as plumbing, electrical, and HVAC systems. However, it is important to review the specific terms and conditions outlined in the certificate to understand the extent of coverage. 4. Exclusive Remedy: The limited warranty certificate provides the owner with an exclusive remedy in the event of covered defects. This means that if any covered defect arises within the warranty period, the owner can seek repairs or replacement from the developer or builder responsible. 5. Transferability: Some Missouri limited warranty certificates are transferable, allowing owners to pass on the warranty protection to subsequent buyers if they decide to sell the unit within the warranty period. This can enhance the property's resale value and provide peace of mind to potential buyers. Types of Missouri Limited Warranty Certificates: While the key features mentioned above generally apply to Missouri limited warranty certificates, it is essential to note that there might be differences in specific terms and coverage among different builders or developers. Examples of limited warranty certificates issued in Missouri may include: 1. One-Year Limited Warranty Certificate: This type of certificate provides coverage for a period of one year from the date of purchase, ensuring that the unit remains free from defects during this time. 2. Two-Year Limited Warranty Certificate: Similar to the one-year certificate, this type extends the warranty coverage to two years, giving the owner additional assurance. 3. Five-Year Limited Warranty Certificate: Some builders or developers may offer an extended warranty period of five years, safeguarding the unit from defects for a more extended duration. It is crucial for owners of condominium units in Missouri to carefully review the terms, coverage, and any limitations of their specific limited warranty certificate to understand their rights and responsibilities in case of any defects or issues with their property.Missouri Limited Warranty Certificate Issued to Owner of Condominium Unit: A Missouri Limited Warranty Certificate is a document issued to the owner of a condominium unit in the state of Missouri that provides them with certain assurances and protections for their property. This certificate serves as proof that the developer, builder, or seller of the condominium unit warrants that the construction and materials used in the unit are free from defects for a specific period of time. Key Features of a Missouri Limited Warranty Certificate: 1. Defect-Free Construction: The certificate guarantees that the condominium unit has been constructed using quality materials and workmanship, ensuring that it is free from any major structural defects. 2. Warranty Period: The duration of the warranty period is typically outlined in the certificate. It may vary from one builder or developer to another, but common durations include one, two, or five years from the date of purchase. 3. Warranty Coverage: The limited warranty usually covers components that are integral to the unit's structure, such as the foundation, framing, and roof. It may also extend to certain mechanical systems, such as plumbing, electrical, and HVAC systems. However, it is important to review the specific terms and conditions outlined in the certificate to understand the extent of coverage. 4. Exclusive Remedy: The limited warranty certificate provides the owner with an exclusive remedy in the event of covered defects. This means that if any covered defect arises within the warranty period, the owner can seek repairs or replacement from the developer or builder responsible. 5. Transferability: Some Missouri limited warranty certificates are transferable, allowing owners to pass on the warranty protection to subsequent buyers if they decide to sell the unit within the warranty period. This can enhance the property's resale value and provide peace of mind to potential buyers. Types of Missouri Limited Warranty Certificates: While the key features mentioned above generally apply to Missouri limited warranty certificates, it is essential to note that there might be differences in specific terms and coverage among different builders or developers. Examples of limited warranty certificates issued in Missouri may include: 1. One-Year Limited Warranty Certificate: This type of certificate provides coverage for a period of one year from the date of purchase, ensuring that the unit remains free from defects during this time. 2. Two-Year Limited Warranty Certificate: Similar to the one-year certificate, this type extends the warranty coverage to two years, giving the owner additional assurance. 3. Five-Year Limited Warranty Certificate: Some builders or developers may offer an extended warranty period of five years, safeguarding the unit from defects for a more extended duration. It is crucial for owners of condominium units in Missouri to carefully review the terms, coverage, and any limitations of their specific limited warranty certificate to understand their rights and responsibilities in case of any defects or issues with their property.
