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Warranties Explained: Coverage Duration, Transferability and What’s Included.
2023-Aug-11 14:01:07
By Admin

                                                                                                       

 

Part of the peace of mind that comes with investing in a new home is the builder’s warranty providing protection against defects in materials and workmanship for a stated coverage period. For prefabricated and modular homes constructed by reputable manufacturers like Lida Group, warranties offer strong reassurance of quality. Here’s a deeper look at typical warranty terms buyers can expect.

Coverage Duration
Most prefab builders offer at minimum a one-year limited warranty on the entire home as a system from the date of substantial completion or closing. Top names like Lida Group provide 10-year structural warranties as well. Some companies extend coverage to two or more years on major components and workmanship. Home buyers should understand any expirations of specific warranty phases.

Structural Integrity
The structural warranty by Lida and others guarantees the walls, floors, roof decking and framing will not fail or cause the home to become unsafe or unlivable due to defects. Foundations are normally excluded but may have coverage from other sources. Damage due to natural disasters is usually excluded from structural protection.

Mechanical Systems
Prefab manufacturers typically warranty plumbing, electrical, heating and cooling systems as well as major appliances for one to three years. Coverage varies by component as to whether labor costs are included to repair or replace defective parts. Most protect against manufacturing or installation defects only.

 

 

Finish Materials
Surface blemishes in cabinets, countertops, tile, flooring and other factory-installed finishes tend to hold one-year coverage to repair or replace flawed goods. On-site installed finishes like paint may carry shorter 90-day warranties due to exposure factors. Deterioration from homeowner negligence voids such claims.

Transfer ability
Lida and other reputable names allow structural and major system warranties to transferownership upon private resale within set periods, protecting new owners as well. Cosmetic warranty protection often expires when the original owner sells. Homebuyers should double check specific warranties’ assignability clauses.

In general, prefabricated home warranties funded by respected manufacturers offer similar if not better coverage security than other housing types. Their assurances, combined with highly quality-controlled off-site assembly processes, provide peace of mind for discerning homeowners that investment in a ready-built residence holds utmost safety and lasting value. Thoroughly understanding all warranty provisions up front avoids surprises down the road.

 

 

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