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How to structure numbers warranty

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Hi its Martin Rapley here from Refurbishment Masterclass in this video Im just going to talk to you about structural warranties when you need them and how you actually go about obtaining them now there was a time when if you bought a brand new house in this country you would have been offered or you would have been given an NHBC warranty National House Building Council that stands for they were the big corporate body that insured new houses against structural defects so the Builder carries out the work they build a brand new house for you and then in any time in a 10-year period if theres some kind of major structural defect and the building contractor are no longer trading youd go to the NHBC and they would sort out the repair of that defect and it could be something like subsidence or some structural movement or something like that and for a long time these warranties only related to new build houses and NHBC were the big provider and there are other providers out there that are

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What is structural warranty?

A structural warranty provides a written agreement between the home builder and the homeowner and clearly defines the builders work-product obligations related to construction quality and continuing obligations. Under the agreement, the builder is the insured and the homeowner is the beneficiary.

How long is foundation warranty?

Typically, a builders warranty is provided by the construction company or contractor who built the house, and it covers certain types of foundation repairs for one year. However, some builders offer extended warranty options that last 210 years.

How long is structural warranty?

Structural Defects Its your builders responsibility to ensure the property is free from major defects for six years after the builds completion.

What does a structural warranty cover?

A structural warranty is provided by the builder of the home and covers workmanship and building materials as related to windows, siding, plumbing systems, the homes foundation and more.

What is covered under Tarion 7 year warranty?

Seven-Year Warranty These include: Defects in work or materials that affect a structural loadbearing element of the home, resulting in an actual structural failure. Defects in work or materials that materially compromise a structural loadbearing element of the home, even if failure has not occurred or is not imminent.

What comes under structural warranty?

A structural warranty is provided by the builder of the home and covers workmanship and building materials as related to windows, siding, plumbing systems, the homes foundation and more.

How long does Tarion warranty last?

Seven-year warranty against major structural defects. In addition, builders of condominium conversion projects and vendors selling units in these projects must also be registered with tarion.

What is structural design warranty?

A structural warranty is a type of insurance policy that is designed to protect investors and homeowners from underlying structural defects that may arise following the completion of building work. Structural warranties are also known as latent defects insurance.

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