Perry Homes vs Taylor Morrison

Purchase agreement comparison

Overview

Perry Homes and Taylor Morrison both operate in Texas. Buyers in Texas 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

Perry HomesTaylor Morrison
Market PositionLeading homebuilder in Texas and the SoutheastNational homebuilder operating across multiple U.S. markets
TickerPrivateNYSE: TMHC
HeadquartersHouston, TexasScottsdale, Arizona
Affiliated LenderNone identifiedTaylor Morrison Home Funding
Documented Clauses89
Documented Cases34

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.

Perry Homes:
Taylor Morrison:

Both Perry Homes and Taylor Morrison 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.

Perry Homes:
Taylor Morrison:

Both Perry Homes and Taylor Morrison 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.

Perry Homes:
Taylor Morrison:

Both Perry Homes and Taylor Morrison 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.

Perry Homes:
Taylor Morrison:

Both Perry Homes and Taylor Morrison 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.

Perry Homes:
Taylor Morrison:

Both Perry Homes and Taylor Morrison 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.

Perry Homes:
Taylor Morrison:

Both Perry Homes and Taylor Morrison 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.

Perry Homes:
Taylor Morrison:

Both Perry Homes and Taylor Morrison 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.

Perry Homes:
Taylor Morrison:

Both Perry Homes and Taylor Morrison 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.

Legal History Comparison

Both builders have documented litigation histories. Perry Homes has 3 documented cases and investigations; Taylor Morrison has 4. The nature and focus of litigation differs between the two builders.

Perry Homes

  • Construction defect litigation in Texas courts
  • Consumer complaints regarding warranty processing
  • Contract dispute cases in Houston-area courts

Taylor Morrison

  • Construction defect litigation in Arizona and Texas
  • Consumer complaints regarding warranty claims
  • Contract dispute cases in multiple states
  • CFPB inquiry regarding lending practices

Both Perry Homes and Taylor Morrison 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

Key Differences

Market Position

Perry Homes is positioned as leading homebuilder in texas and the southeast. Taylor Morrison is positioned as national homebuilder operating across multiple u.s. markets.

Documented Contract Patterns

Perry Homes has 8 documented clause types in our analysis; Taylor Morrison has 9. Taylor Morrison has a broader set of documented contract patterns, though this does not necessarily indicate greater risk — it may reflect more extensive public documentation.

Affiliated Lender

Taylor Morrison uses Taylor Morrison Home Funding as its affiliated lender. Perry Homes does not have an identified captive lender. Buyers should compare financing options independently regardless.

Geographic Overlap

Perry Homes operates in 1 state; Taylor Morrison operates in 7 states. They share 1 state where buyers may be choosing between the two.

Litigation History

Perry Homes has 3 documented cases and investigations; Taylor Morrison has 4. 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 Perry Homes or Taylor Morrison, 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.

Review lender incentives carefully.

Taylor Morrison has an affiliated lender and may offer incentives tied to using it. 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.

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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.