Home Warranties. This Paragraph is primarily a notification to the parties that a home warranty may be available for purchase. There is not a check off for the Buyer or the Seller to indicate that a warranty is being offered or purchased, nor does this Paragraph create any sort of a presumption that a warranty will be offered or purchased. Note: Some E & O insurers are offering discounts to brokers who can show that their salespeople are advising clients about the availability of home warranties. Check with your insurer to see if they have such a program. Remember that if the broker or salesperson has any financial interest in or relationship with home warranty company, it would have to be disclosed to the parties as with any other financial relationship. Be sure to check with your broker to understand the rules regarding this disclosure. Paragraph 20: RECORDING Recording the Agreement in the Office of Recorder of Deeds may result in a “cloud” on the title in the event that settlement does not take place (i.e., someone doing a later title search will see the Agreement but no termination language or change in ownership on the deed and may not be able to determine if the Agreement gives the listed the Buyer some right to the property). For this reason, the parties are prohibited from recording the Agreement.
Home Warranties. (1-10) At or before settlement, either party may purchase a home warranty for the Property from a third-party vendor. Buyer and Seller under- stand that a home warranty for the Property does not alter any disclosure requirements of Seller, will not cover or warrant any pre- existing defects of the Property, and will not alter, waive or extend any provisions of this Agreement regarding inspections or certifi- cations that Buyer has elected or waived as part of this Agreement. Buyer and Seller understand that a broker who recommends a home warranty may have a business relationship with the home warranty company that provides a financial benefit to the broker.
Home Warranties. If a home warranty exists regarding the property, then for any repairs covered by the warranty, (check one) the Owner must comply with the terms of the warranty contract and bears the sole responsibility of utilizing the warranty, meaning that the Owner must submit the order of repair to the warranty company and ensure the warranty companies’ cooperation and completion of said repairs, OR the Owner must provide Manager with all information, documents or otherwise and facilitate Manager’s use or execution of the warranty. Owner shall provide to Manager a copy of any said applicable home warranties. Owner shall cooperate with various home warranty companies in the maintenance of the property (when applicable). If warranties are not presented at time of contract commencement, Manager will not be liable for work performed by a repair service of its choice. Should Manager determine that the warranty company or its subcontractor is unresponsive or untimely, Manager may contract for necessary repairs with a repair service company of its choice in compliance with its authority under this PMA. Owner assumes all responsibility for renewal of warranty contract(s) and payment of policy premiums.
Home Warranties. Each home sold or delivered by any of the Target and its Subsidiaries during the Seller's ownership thereof has been sold subject to a purchase contract and Home Owner's Manual (collectively the "Sales Documents") which include the terms of: (i) an express limited warranty by the seller thereof; and (ii) a limited structural warranty provided by Residential Warranty Corporation, Home Buyers Warranty, Homeowners Warranty or similar homeowner warranty company (collectively the "Warranties"). The Sales Documents specifically disclaim other warranties and recite that the Warranties are given in lieu of other rights and remedies to which the home buyers may be entitled with respect to the condition, design and construction of the homes. In addition, each home sold by the Target and its Subsidiaries or any predecessor entity within the proceeding ten (10) years, including homes built by or at the direction of the Target and its Subsidiaries and their predecessors, was sold with a limited structural warranty provided by Residential Warranty Corporation, Home Buyers Warranty, Homeowners Warranty or similar homeowner warranty company. Schedule 4(s) of the Disclosure Schedule includes copies of the standard terms and conditions of the Warranties and the Waiver and Release Agreement signed by buyers in connection therewith.
Home Warranties. Buyer acknowledges that third party services are available to provide home warranty protection. The nature and extent of protection provided, matters excluded from protection, deductibles that might apply before coverage is provided, and limits on amounts that will paid vary between programs. Buyer has been advised that one program utilized by some of Firm’s Buyers and customers, American Home Shield, does provide referring brokers and firms with a fee (less than $100.00) for completing application forms on behalf of the service provider. Buyer acknowledges that Firm and Broker are not imposing any requirement that Buyer obtain a home warranty or use any particular home warranty provider. This Addendum is dated and effective as of the date first written above. COLDWELL BANKER BUYER By: Printed Name: Title:
Home Warranties. Seller acknowledges that third party services are available to provide home warranty protection in favor of buyers purchasing properties. The nature and extent of protection provided, matters excluded from protection, deductibles that might apply before coverage is provided, and limits on amounts that will paid vary between programs. Seller has been advised that one program utilized by some of Firm’s Sellers and customers, American Home Shield, does provide referring brokers and firms with a fee (less than $100.00) for completing application forms on behalf of the service provider. Seller acknowledges that Firm and Broker are not imposing any requirement that Seller obtain or offer to any buyer any home warranty or, that if Seller elects to do so, Seller use any particular home warranty provider.
Home Warranties. 1. For each home warranted, Member shall pay a nonrefundable warranty fee, the amount and time of payment of which shall be determined by MHWC.
Home Warranties. AHS shall have the exclusive right, in its sole discretion, to make all decisions concerning Home Warranties offered under the Program, including but not limited to (a) the coverage, pricing, and other terms and conditions of the Home Warranties, (b) the states or other geographic areas in which Home Warranties may be offered, (c) whether an application for a Home Warranty is approved or denied, and (d) whether an existing Home Warranty is amended or terminated.
Home Warranties. (1-10) At or before settlement, either party may purchase a home warranty for the Property from a third-party vendor. Buyer and Seller under- stand that a home warranty for the Property does not alter any disclosure requirements of Seller, will not cover or warrant any pre- existing defects of the Property, and will not alter, waive or extend any provisions of this Agreement regarding inspections or certifi- cations that Buyer has elected or waived as part of this Agreement. Xxxxx and Xxxxxx understand that a broker who recommends a home warranty may have a business relationship with the home warranty company that provides a financial benefit to the broker.
Home Warranties. This paragraph is primarily a notification to the parties that a home warranty may be available for purchase. There is not a check off for the Buyer or the Seller to indicate that a warranty is being offered or purchased, nor does this paragraph create any sort of a presumption that a warranty will be offered or purchased. Note: Some E & O insurers are offering discounts to brokers who can show that their salespeople are advising clients about the availability of home warranties. Check with your insurer to see if they have such a program. Remember that if the broker or salesperson has any financial interest in or relationship with home warranty company, it would have to be disclosed to the parties as with any other financial relationship. Be sure to check with your broker to understand the rules regarding this disclosure.
