Builder Warranty Sample Clauses

Builder Warranty. A ▇▇▇▇▇▇ Builders at ▇▇▇▇▇▇▇ ▇▇▇▇ LLC limited warranty is incorporated into and made part of this agreement. The limited warranty shall run for one (1) year from time of occupancy or settlement, which ever occurs first. A copy of this warranty shall be signed by the Buyer(s) and the Contractor. ▇▇▇▇▇(s) agrees to comply with and be bound by all terms of the warranty. Buyer(s) hereby acknowledges receiving the ▇▇▇▇▇▇ Builders at ▇▇▇▇▇▇▇ ▇▇▇▇ LLC limited warranty.

Builder Warranty. When the company sells a Home to a third party hereunder, the Builder shall, at the closing thereon, deliver to such third party purchaser the Builder's standard warranty program then provided by the Builder on sales of new homes to its customers. The period of time from warranties will run thereunder shall commence as of the date of closing on the sale to such third parties. The Builder's current warranty program is attached as exhibits to the resale purchase agreement attached hereto as Exhibit E.

Builder Warranty. A ▇▇▇▇▇▇ Builders at ▇▇▇▇▇▇▇ Run LLC limited warranty is incorporated into and made part of this agreement. The limited warranty shall run for one (1) year from time of occupancy or settlement, which ever occurs first. A copy of this warranty shall be signed by the Buyer(s) and the Contractor. ▇▇▇▇▇(s) agrees to comply with and be bound by all terms of the warranty. Buyer(s) hereby acknowledges receiving the ▇▇▇▇▇▇ Builders at ▇▇▇▇▇▇▇ Run LLC limited warranty.

Builder Warranty. Common Property 1 Year This New Home Warranty provides coverage for any defect in materials and labour for a period of 12 months from and including the Date of Possession for the Common Property. The Program’s liability under this Section 4.3 shall be limited to and shall not exceed Twenty Thousand Dollars ($20,000) per Residential Unit subject to a cap of $ and subject to the aggregate limit under Section 4.5 below and subject to the exclusions set out in Sections 2.3, 4.1 and 4.6 and otherwise in this New Home Warranty. (a) In the event that the Builder fails to fulfill the Builder’s obligations under the Builder Warranty in Section 2.1, the Program will perform such Builder’s obligations; and (b) Where notice of a defect is given during the Builder Warranty but neither the alleged defect, nor physical damage, if any, to the Common Property caused by such defect is apparent at the time of inspection by the Program, the Program shall be entitled to defer any correction or repair work. If such alleged defect or physical damage, if any, is not apparent on inspection by the Program within 12 months from the date of such notice, the Program shall have no liability hereunder.

Builder Warranty. Residential Unit 1 Year This New Home Warranty provides coverage for any defect in materials and labour for a period of 12 months from and including the Date of Possession for the Residential Unit. The Program shall only be liable under this Section 4.2 to the Homeowner in the event the Builder breaches Sections 2.1(b) or (c) of this Agreement and in such instance the Program’s liability under this Section 4.2 shall be limited to and shall not exceed Twenty Thousand Dollars ($20,000) per Residential Unit subject to a cap of $ and subject to the aggregate limit under Section 4.5 below and subject to the exclusions set out in Sections 2.3, 4.1 and 4.6 and otherwise in this New Home Warranty. Subject to the terms, conditions and limitations of this New Home Warranty, (a) In the event that the Builder fails to fulfill the Builder’s obligations under the Builder Warranty in Section 2.1, the Program will perform such Builder’s obligations; and (b) Where notice of a defect is given during the Builder Warranty but neither the alleged defect, nor physical damage, if any, to the Residential Unit caused by such defect is apparent at the time of inspection by the Program, the Program shall be entitled to defer any correction or repair work. If such alleged defect or physical damage, if any, is not apparent on inspection by the Program within 12 months from the date of such notice, the Program shall have no liability hereunder.