The terms of your builder s warranty are specified in detail in the warranty booklet you received at closing or contract settlement.
Nj new home warranty roof.
Unlike homeowner s insurance which only covers you in the event of certain disasters a home warranty will kick in even when you re dealing with standard wear and tear.
Basically the law requires a builder to register with the state of new jersey before starting construction of any new home and before offering a warranty on any new home bought and sold in the state.
You should familiarize yourself with the terms and conditions of the warranty so that you know what to do in the event that you discover problems with your home.
If you are a homeowner realtor or are buying or selling a home you should be protected from unexpected roofing related repairs.
The law and regulations provide limited ten year warranty coverage against defects of materials workmanship and systems in a new home.
Why do you need a roof warranty.
Every new home no matter if it is a single family townhome duplex co op condominium or even modular home comes with a ten year warranty as required by the new home warranty program which was enacted by the new jersey legislature in 1977 under the new home warranty and builders registration act.
How a new jersey home warranty works a home warranty plan provides coverage for your home systems and appliances.
Structural roofing problems could be dangerous and precipitate a roof collapse.
While the new home warranty program undoubtedly affords purchasers with an array of protections and avenues for redressing defects in newly constructed homes it is not without pitfalls.