Century Communities vs Meritage Homes

Purchase agreement comparison

Overview

Century Communities and Meritage Homes are both national homebuilders that compete in multiple U.S. markets. Buyers in states where both builders operate — including Texas, Colorado, California, Arizona, Florida — may find themselves comparing the two when choosing a new construction home.

Both builders use standardized purchase agreements that contain clauses affecting buyer rights and remedies. This comparison examines documented contract patterns, legal history, and key differences based on publicly available information.

The presence of a contract clause does not mean it appears in every agreement from that builder. Contract terms may vary by state, community, and transaction. This comparison is intended to help buyers ask informed questions, not to recommend one builder over the other.

At a Glance

Century CommunitiesMeritage Homes
Market PositionTop-10 national homebuilderFifth-largest public homebuilder in the United States
TickerNYSE: CCSNYSE: MTH
HeadquartersGreenwood Village, ColoradoScottsdale, Arizona
Affiliated LenderInspire Home LoansMeritage Homes Mortgage
Documented Clauses1111
Documented Cases56

Contract Clause Comparison

The following comparison shows documented contract patterns for each builder. A check mark indicates the clause type has been documented; it does not mean it appears in every contract.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include restrictive limited warranty language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Century Communities:
Meritage Homes:

Century Communities has been documented using warranty voiding conditions provisions, while Meritage Homes does not have this pattern documented in available contract analyses. This represents a difference in contract risk profiles between the two builders.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include independent inspection restriction language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include material substitution without consent language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include preferred lender steering / incentive lock language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include daily closing penalty language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Century Communities:
Meritage Homes:

Meritage Homes has been documented using punch list / post-closing repair limitation provisions, while Century Communities does not have this pattern documented in available contract analyses. This represents a difference in contract risk profiles between the two builders.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include mandatory binding arbitration language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include class action lawsuit waiver language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include implied warranty of habitability waiver language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include deposit forfeiture / earnest money trap language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Century Communities:
Meritage Homes:

Both Century Communities and Meritage Homes include limitation of liability / no monetary damages language in their documented contract patterns. Buyers considering either builder should be aware that this clause type has been identified in purchase agreements from both companies.

Legal History Comparison

Both builders have documented litigation histories. Century Communities has 5 documented cases and investigations; Meritage Homes has 6. The nature and focus of litigation differs between the two builders.

Century Communities

  • HOA v. Century Communities — Aurora, CO construction defects
  • Condominium Association v. Century Communities — Broomfield, CO
  • Candelas Townhomes Association construction defect litigation
  • OSHA citation for workplace safety violations

Meritage Homes

  • Meritage Homes of Texas v. Pouye & Toure — RCLA enforcement
  • Stucco defect claims in Texas and Florida
  • FLSA collective action over sales representative compensation
  • Arizona Registrar of Contractors workmanship complaints

Both Century Communities and Meritage Homes have faced litigation related to construction practices and contract terms. Buyers should review the full builder profiles for detailed case information and consider how each builder's legal history may reflect patterns relevant to current purchase agreements.

States Where Both Builders Operate

Texas
Colorado
California
Arizona
Florida
Georgia
North Carolina
South Carolina
Tennessee

Key Differences

Market Position

Century Communities is positioned as top-10 national homebuilder. Meritage Homes is positioned as fifth-largest public homebuilder in the united states.

Affiliated Lender

Century Communities uses Inspire Home Loans as its affiliated lender. Meritage Homes uses Meritage Homes Mortgage. Both builders offer incentives to use their affiliated lenders, which may affect financing terms and closing costs.

Geographic Overlap

Century Communities operates in 18 states; Meritage Homes operates in 9 states. They share 9 states where buyers may be choosing between the two.

Litigation History

Century Communities has 5 documented cases and investigations; Meritage Homes has 6. The nature and severity of litigation differs between the two builders — review the legal history section for details.

What Buyers Should Consider

Both contracts require careful review.

Whether you are buying from Century Communities or Meritage Homes, the purchase agreement contains clauses that may limit your rights. Both builders use standardized contracts that favor the builder.

Check your state's specific protections.

The enforceability of many contract clauses depends on state law. A clause that was struck down in one state may be enforceable in another. Review the state-specific analysis for your location.

Compare affiliated lender terms independently.

Both builders offer incentives to use their affiliated lenders. Get independent quotes from at least two outside lenders before committing, and verify that all quoted payments include taxes, insurance, and HOA fees.

Do not assume one builder's contract is inherently safer.

Both builders use similar clause types. The differences are in specific language and implementation. An independent contract review can identify the specific risks in whichever agreement you are considering.

Read the full Century Communities contract review →Read the full Meritage Homes contract review →Scan your contract →

Have a Century Communities or Meritage Homes contract?

Get a personalized analysis at fineprint.homes — $49

Scan Your Contract
This article is for informational and educational purposes only. It does not constitute legal advice. Consult a licensed attorney in your state before making legal decisions.