Construct Line Warranty For Free

In Florida, a lawsuit for construction defects must be brought to court within four years from the end of the project.

A typical guaranty (or guarantee) provision becomes operative after completion of the contractor's work. It requires the contractor to return to the project site to repair or replace defective or nonconforming materials or equipment, or remedy improper workmanship, at the contractor's own cost and expense.

A workmanship warranty provides homeowners with coverage against workmanship or installation errors. This type of warranty generally covers about one year following the completion of the work. However, this is not true for all contractors. Carefully read the fine print to get the details of the workmanship warranty.

A warranty for a residential building will typically last for ten years with differing levels of protection in the earlier years of the policy. Commercial property warranties tend to have a slightly longer cover and most are transferrable to future owners.

(b) For a period of 1 year after completion of all construction, a warranty as to all other improvements and materials.

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A warranty has a time limit, such as 12 or 24 months, but it may be extended to a longer period like 36 or 48 months. Conversely, a guarantee isn't time-bound and can't be extended. One way to think of it is that a guarantee is more general and a warranty is a more specific and legal term.