Common use of Coverage Provided Clause in Contracts

Coverage Provided. This Agreement provides the following protection, effective as of the date on the Enrollment Form: 1. During the first year of this Agreement, and subject to the terms and conditions listed herein, your Builder warrants your home against faulty workmanship and materials, defects in appliances, fixtures and equipment, defects in wiring, piping and duct work in the electrical, plumbing, heating, cooling, ventilating and mechanical systems, and Major Structural Defects (see Definitions, Section ll-E) due to non- compliance with the Warranty Standards. 2. During the second year of this Agreement, and subject to the terms and conditions listed herein, your Builder warrants that your home’s cooling, heating, and ventilating, electrical and plumbing systems (exclusive of appliances, fixtures and equipment—coverage is one year or manufacturers warranty whichever is less) will be free from defects due to non-compliance with the Warranty Standards set forth in Section V of this document. Your builder further warrants that your home will have no Major Structural Defects in that period. (See Definitions, Section Il-E) 3. In years three through ten of this Agreement, QBW warrants that your home will be free from any Major Structural Defects as and only as that term is defined in Section lI-E of this document. 4. The Builder is the warrantor during the first two years of this Agreement. QBW through its insurer provides insurance coverage insuring the Builder’s performance hereunder during the first two years of this Warranty and is the warrantor providing insurance protection through its insurer against Major Structural Defects, as defined in Section II-E, during the third through tenth years of this Warranty. Quality Builders Warranty Corporation (“QBW”) will administer the limited warranty program for participating Builders. The protection provided under the limited warranty program is automatically transferable to subsequent Purchasers during the ten year term of this Agreement.

Coverage Provided. This Agreement provides the following protection, effective as of the date on the Enrollment Formform: 1. During the first year of this Agreement, and subject to the terms and conditions listed herein, your Builder warrants your home against faulty workmanship and materials, defects in appliances, fixtures and equipment, defects in wiring, piping and duct work in the electrical, plumbing, heating, cooling, ventilating and mechanical systems, and Major Structural Defects (see DefinitionsSee Definition, Section ll-E) due to non- compliance with the Limited Warranty Standards. 2. During the first and second year years of this Agreement, and subject to the terms and conditions listed herein, your Builder warrants that your home’s cooling, heating, and ventilating, electrical and plumbing systems (exclusive of appliances, fixtures and equipment—coverage is one year or manufacturers warranty whichever is less) will be free from defects due to non-compliance with the Limited Warranty Standards set forth in Section V of this document. Your builder Builder further warrants that your home will have no Major Structural Defects in that period. (See Definitions, Section Illl-E). Limited Warranty coverage on appliance, fixture and equipment defects is for only one year, and in some cases up to two years if the defects are covered by a manufacturer’s warranty. No warranty on appliances, fixtures or equipment shall exceed the length and scope of the warranty offered by the manufacturer. 3. In years three through ten of this Agreement, QBW warrants that your home will be free from any Major Structural Defects as and only as that term is defined in Section lIll-E of this document. 4. The Builder is the warrantor during the first two years of this Agreement. QBW through its insurer Insurer provides insurance coverage insuring the Builder’s performance hereunder during the first two years of this Limited Warranty and is the warrantor providing insurance protection protection, through its insurer Insurer, against Major Structural Defects, as defined in Section II-E, during the third through tenth years of this Warranty. Quality Builders Warranty Corporation (“QBW”) will administer the limited warranty program for participating Builders. The protection provided under the limited warranty program is automatically transferable to subsequent Purchasers during the ten year term of this Agreement.