Build Line Warranty For Free

A builder's warranty is a contract between a builder and the homeowner promising to repair or replace certain elements of the home, if necessary, within a specific period of time. A proper warranty should contain a set of clauses, or sections, covering specific coverage questions.

You might therefore need to assert your rights against the builder, most likely based on the builder's warranty. This might be as simple a process as communicating with the builder, or it might involve making a formal claim and eventually going to court.

The statute of limitations for Texas Residential Construction Liability Act claims are 4 years for breach of contract or breach of warranty and 2 years for torts such as negligence or product liability. In Texas, the Statute of Repose is 10 years.

What is a 2-10 HBW Structural Warranty? 2-10 HBW is the leading provider of structural home warranties in the US. Our structural warranty covers workmanship defects for 1 year, distribution systems defects for 2 years and structural defects for 10 years.

Most minor cracks are a result of normal shrinkage of materials and are generally not covered.

Understanding the Builder's Warranty By enrolling a home with a full 2-10 warranty, the builder/seller is telling the buyer the home will be free from defects in the applicable workmanship and materials for one year, free from defects in applicable Systems for two years, and free from Structural defects for ten years.

Structural Warranty Som builders provide warranty coverage for up to ten years for ?major structural defects? ? construction problems that make a home unsafe and put the owner in danger.

The state of Tennessee's statute of limitations for basic negligence regarding new construction is three years from the date of completion and provides one extra year of repose should you discover a problem with your new construction in the third year of your ownership (TCA §28-3-105).

The main reason you will need to invest in a structural warranty is to help you sell your property once it is completed. The vast majority of mortgage lenders and banks require a structural warranty to be in place before they will provide a mortgage on a property.

Unlike purchasing a second-hand home, most newly built homes come with warranty and insurance protection which usually lasts for ten years.