Home warranty definition

Home warranty or "warranty" means any contract or
Home warranty. If OWNER uses a Home Warranty company, BROKER reserves the right to charge a $50 per hour administrative fee to process home warranty claims. If OWNER has a Homeowner Warranty contract for repair services in place at the signing of this AGREEMENT or put into place subsequent to signing this AGREEMENT, then BROKER shall not be held liable or financially responsible for any repairs authorized by BROKER and paid from OWNER’S account when, in fact, those costs could have been reimbursed under the Home Warranty program, unless OWNER makes BROKER aware and provides BROKER with a copy of the Homeowner Warranty contract prior to maintenance being performed. If OWNER desires to renew Homeowner Warranty, BROKER shall have no responsibility for coordination of such. OWNER takes complete liability for such renewal and coordination of OWNER’S Homeowner Warranty.
Home warranty means a warranty policy available to purchasers of existing homes in most states designed to protect against the failure of certain major systems of the home for a period of one year.

Examples of Home warranty in a sentence

  • Home warranty is a regulated insurance product designed for the benefit of new homeowners.

  • Home warranty associations and insurers may experience nominal increased costs due to the bill’s prohibition on assignment fees.

  • BUILDING SERVICES Home warranty insurance provided by private insurance companies.

  • Good, with contemporary owner inscriptions [e.g. "Mary Smith's Book"].

  • If You have a Ten-Year Structural Defect warranty coverage emergency, You must contact the Administrator (StrucSure Home warranty) at 1.877.806.8777 in order to receive authorization for any emergency repairs.


More Definitions of Home warranty

Home warranty means the warranty pertaining to the New Home as strictly described or set out in this Warranty Certificate. All other implied or expressed warranties or representations made by the Builder to the Owner are not binding on The Program.
Home warranty or "warranty" means any contract or agreement whereby a person undertakes to indemnify the warranty holder against the cost of repair or replacement, or actually furnishes repair or replacement, of any structural component or appliance of a home, necessitated by wear and tear or an inherent defect of any such structural component or appliance or necessitated by the failure of an inspection to detect the likelihood of any such loss.
Home warranty. If there is a Home Warranty for the property, TENANT wiII be provided instructions on how to use it. There is a Home Warranty for this property at the beginning of this Agreement: Yes
Home warranty means a written warranty that
Home warranty or “warranty” means any contract or agreement whereby a person undertakes to indemnify the warranty holder against the cost of repair or replacement, or actually furnishes repair or replacement, of any structural component or appliance of a home, necessitated by wear and tear or an inherent defect of any such structural component or appliance or necessitated by the failure of an inspection to detect the likelihood of any such loss. However, this part does not prohibit the giving of usual performance guarantees by either the builder of a home or the manufacturer or seller of an appliance, as long as no identifiable charge is made for such guarantee. This part does not permit the provision of indemnification against consequential damages arising from the failure of any structural component or appliance of a home, which practice constitutes the transaction of insurance subject to all requirements of the insurance code. This part does not apply to service contracts entered into between consumers and nonprofit organizations or cooperatives the members of which consist of condominium associations and condominium owners and which perform repairs and maintenance for appliances or maintenance of the residential property. This part does not apply to a contract or agreement offered by a warranty association in compliance with part III, provided such contract or agreement only relates to the systems and appliances of the covered residential property and does not cover any structural component of the residential property.
Home warranty or “warranty” means any contract or agreement: (a) Offered in connection with the sale of residential property;
Home warranty. Is buyer requesting a home warranty plan? No Buyer will use for the plan.