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North Carolina's 2-10 Home Buyer's Warranty Years 1 & 2CoverageDEFINITION: You and Your means the person(s) who holds title to the Home. The following Construction Performance Guidelines are standards that have been developed and accepted by the residential construction industry in general. They apply only to the One Year Workmanship and Two Year Systems Warranties. While it is virtually impossible to develop Construction Performance Guidelines for each possible deficiency, the construction industry and HBW have attempted to isolate the most common actual physical damage deficiencies that occur and in so doing, list the extent of Your Builder's, Warranty Insurer's and Your responsibility. Where a specific Construction Performance Guidelines has not been specified, the guidelines found in the publication Residential Construction Performance Guidelines 2nd Edition-Contractor Reference, National Association of Home Builders (NAHB), 2000, will apply. Copies of this publication may be special ordered through most book retailers, or purchased directly from the NAHB Bookstore by calling 1-800-223-2665. The NAHB Bookstore may also be reached online at www.BuilderBooks.com. If an item is not covered in that publication, locally accepted trade practices of the construction industry will be used. The Construction Performance Guidelines are expressed in terms of required standards that your builder's (as listed on your Certificate of Warranty) construction should meet. Noncompliance with these construction standards calls for corrective action by Your Builder. Builder will try to its best ability to match and replace with Your original choice of colors and materials, except where You custom-ordered the items. Your builder cannot be responsible for discontinued items, changes in dye lots, colors or patterns, or items ordered outside of the original construction. EXPRESS LIMITED WARRANTY/COVERAGE: CONDOMINIUMAll exterior Common Element Stairways and Landings contained within multi family projects will be covered only if they are constructed entirely of metal and/or concrete materials. All other exterior Common Element Stairways and Landings contained within multi family projects are excluded from coverage unless your builder (as listed on your Certificate of Warranty) paid an additional fee for coverage of wood materials used in exterior Common Element Stairways and Landings as reflected on your Certificate of Warranty Coverage. See Exclusions pertaining to the 2-10 Home Buyers Warranty. |