Overview
| Market Position | Utah's largest homebuilder by volume |
| Type | Private (family-owned) |
| Headquarters | Salt Lake City, Utah |
| Founded | 1962 |
| Affiliated Lender | None identified |
| Annual Closings | Approximately 1,500–2,000 homes |
| Brands | Ivory Homes |
Ivory Homes is the largest homebuilder in Utah, a position the company has held for decades. Founded in 1962, the privately held, family-owned builder has constructed tens of thousands of homes across the Wasatch Front and surrounding communities. The company operates exclusively in Utah, concentrating its resources on the state's rapidly growing metropolitan areas.
As a private company, Ivory Homes does not file public financial disclosures. Information about the builder's purchase agreements and contract terms is documented through state-level litigation records, regulatory filings, and buyer-reported experiences.
Documented Contract Patterns
The following patterns have been documented in Ivory Homes purchase agreements. Not every contract contains every clause, and language varies by state and community.
Mandatory Binding Arbitration
Disputes must go to private arbitration instead of court. Buyers lose their right to a jury trial and in many cases the ability to appeal an unfavorable decision.
Class Action Lawsuit Waiver
Buyers waive the right to join or participate in class action lawsuits against the builder, forcing individual claims.
Deposit Forfeiture / Earnest Money Trap
The contract may allow the builder to retain the buyer's earnest money deposit if the buyer cancels for reasons not explicitly covered by the agreement.
Implied Warranty of Habitability Waiver
The contract may ask buyers to waive their legal right to a home that meets basic livability standards.
Daily Closing Penalty
If the buyer cannot close by the specified date, the contract imposes per-day financial penalties.
Independent Inspection Restriction
The contract limits when, how, or whether the buyer can hire an independent home inspector.
Material Substitution at Builder's Discretion
The builder reserves the right to substitute materials with alternatives deemed substantially equivalent.
Restrictive Limited Warranty Exclusions
The builder's warranty contains extensive exclusion lists that carve out common defect categories.
Legal History
Selected cases and investigations involving Ivory Homes construction quality, contract enforcement, and lending practices.
Ivory Homes Construction Defect Claims (Utah)
Multiple homeowners in Ivory Homes communities have pursued construction defect claims in Utah state courts. Utah's statutory framework for residential construction defects requires notice and opportunity to repair before litigation under the Utah Residence Lien Restriction and Lien Recovery Fund Act.
Ivory Homes Warranty Disputes (Utah)
Court records document warranty-related disputes involving Ivory Homes buyers who allege that the builder's warranty program did not adequately address reported construction deficiencies. These cases reflect broader patterns in Utah new construction warranty claims.
What Buyers Should Know
- Review the arbitration clause carefully. Ivory Homes contracts may include mandatory arbitration provisions. Understand that signing means waiving your right to a jury trial.
- Hire an independent home inspector. Request access at pre-drywall, pre-closing, and final walkthrough stages regardless of contract restrictions.
- Understand Utah's construction defect notice requirements. Utah law requires specific pre-litigation notice to the builder. Know the statutory process before issues arise.
- Document all material selections and specifications. Ensure all selections are documented in writing to protect against unauthorized material substitutions.
- Consider a professional contract review. An independent review can identify clauses that limit your remedies or waive rights you may not realize you have.
Detailed Clause Analysis
Deep-dive analysis of how Ivory Homes uses specific contract clauses:
State-Specific Guides
See how Ivory Homes's contract patterns interact with the laws in your state: