The Warranty Clauses form, to have and to hold, subject to the terms, exceptions, and other provisions set out in this Assignment, the “assets” unto assignee, its successors and assigns, forever, however the assignments and conveyances made by this assignment are made without warranty.
North Carolina Warranty Clauses
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US-OG-489
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FAQ
The implied warranty of habitability requires that the home and fixtures are free from major structural defects and that the home is constructed in a workmanlike manner. Stated differently, the builder is providing the assurance that the labor and products are acceptable in terms of quality.
Workmanship, Materials and Mechanical Systems are covered for 1 year. Structural Coverage on Designated Structural Elements is provided for 6 years. Pricing based on low flat rates per home. Builder liability in the North Carolina CSW program is limited to 1 year only.
The implied warranty of habitability requires that the home and fixtures are free from major structural defects and that the home is constructed in a workmanlike manner. Stated differently, the builder is providing the assurance that the labor and products are acceptable in terms of quality.
In lieu of this express warranty, the builder can use its own form of written warranty. However, no express or written warranty is required by law. Agents should recognize that another form of warranty, called an implied warranty, may exist whether or not the builder has provided an express warranty.
Your lifetime warranty is valid for as long as you own the vehicle. There are no mileage or time restrictions.
Fortunately, one consistency in both Carolinas is that the statute of limitations are usually three years for most types of construction disputes, including construction defect cases.
Statute of Repose Stat. §1-50(a)(5)(a). This law says homeowners have six years from the substantial completion (or the last specific act or omission of the builder) to file suit.
Implied warranty: Merchantability; usage of trade. (1) Unless excluded or modified (G.S. 25-2-316), a warranty that the goods shall be merchantable is implied in a contract for their sale if the seller is a merchant with respect to goods of that kind.