Common use of NWP Warranty; Manufacturers’ Warranties Clause in Contracts

NWP Warranty; Manufacturers’ Warranties. At Closing, Seller shall execute and deliver to Purchaser at no additional cost to Purchaser a structural warranty (the “Structural Warranty”) by and from Quality Builders Warranty Corporation or such other National Warranty Provider as Seller may reasonably select (the “NWP”). The Structural Warranty will provide, at a minimum, a ten (10) year structural warranty for the residence located or to be located on the Property. In addition, at Closing, Seller shall provide purchaser with a brochure or handbook from the NWP that states the terms of the Structural Warranty. Also at Closing, Seller shall assign to Purchaser all warranties, expressed or implied, which are given by the manufacturer of any appliance or product installed in the home built or to be built on the Property.

Appears in 3 contracts

Samples: Home Purchase Agreement, Home Purchase Agreement, Home Purchase Agreement

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NWP Warranty; Manufacturers’ Warranties. At Closing, Seller shall execute and deliver to Purchaser at no additional cost to Purchaser a structural warranty (the “Structural Warranty”) by and from Quality Builders Warranty Corporation or such other National Warranty Provider as Seller may reasonably select (the “NWP”). The Structural Warranty will provide, at a minimum, a ten (10) year structural warranty for the residence located or to be located on the Property. In addition, at Closing, Seller shall provide purchaser with a brochure or handbook from the NWP that states the terms of the Structural Warranty. Also at Closing, Seller shall assign to Purchaser all warranties, expressed or implied, which are given by the manufacturer of any appliance or product installed in the home built or to be built on the Property.. Initials:

Appears in 2 contracts

Samples: Home Purchase Agreement, Home Purchase Agreement

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