Express Warranty
Also known as: Written Warranty, Builder's Express Warranty
A written warranty provided by the builder that explicitly states what is covered, for how long, and what the repair process requires. This is different from implied warranties that exist by law.
Detailed Explanation
An express warranty is the written document the builder gives you that spells out exactly what they will fix and for how long. It is the builder's own stated commitment, as opposed to legal protections that exist independently.
Typical express warranty tiers cover workmanship (1 year), systems like plumbing and electrical (2 years), and structural components (10 years). However, these timeframes are not universal — read your specific warranty.
Express warranties also contain exclusions — long lists of items the builder will not cover. These exclusions can be extensive and may surprise buyers who assume everything in a new home is covered.
In Your Contract
The express warranty may be a separate document provided at closing or a section within your purchase agreement. Look for the "builder's warranty," "limited warranty," or "home warranty" document.
Key Points
- 1The builder's written statement of what they will and will not cover.
- 2Typical tiers: 1-year workmanship, 2-year systems, 10-year structural.
- 3Contains exclusions — read them carefully.
- 4Different from implied warranties that exist by law.
- 5Submit claims in writing and keep copies of everything.
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