Attached is a copy of the Act. I include this because discussion of this Act has come up many times when clients and I are viewing new construction homes. This warranty protects the "New Construction" Home Buyer. Please read for your protection.
- 1 year – the entire home is covered.
- 2 years – mechanicals in the home are covered. (electrical, plumbing, HVAC,)
- 5 years – structural construction of the home is covered.
There is also a "2-10" Home Buyers's Warranty which can be purchased seperately for added protection above the new home warranty act. Basically it is an added insurance policy for the Purchaser, however I will cover this in an additional post.