State statutory warranties are a government mandated warranty that compels builders to honor warranties on new construction homes within an allowed period of completion. The warranties are in place to ensure that making such a considerable investment with a contractor guarantees the property will be built with quality materials and workmanship so that you are not left with a home that is substandard. It also protects you from builders who may attempt to cut corners with the construction of your home.
At Progressive Builders, we have always been focused on exceptional quality and do all we can to make sure your new home functions appropriately long after these statutory warranties expire. Furthermore, in the rare event that maintenance is required within the warranty period, we are dedicated to providing you the same high level of service and care that you experienced during your homes construction. However, understanding the statutory warranties and their limits is essential for anyone considering building a new home. We will take a brief look at these warranties to help move past the legal jargon and clearly understand the policies in place.
In Minnesota, we have statutory warranties that are broken into three particular timeframes, depending on the type of work related to your home’s construction. A new construction home is protected for a period of one year for any defects caused by faulty workmanship or materials. For two years, the home is protected from any defects caused by faulty installation of home systems including heating, cooling, electrical, and plumbing. Finally, the home is protected for a period of ten years from what the law terms “major construction defects”. These are legally defined as damage to the load-bearing portions of the home expected to affect vitally the safe and functional use of your home. One primary cause of this sort of damage is due to improper movement of the soil. However, there can be others. In short, it covers anything that poor construction methods have or can cause damage to the inner support of your home. The warranty does not include damage caused by natural disaster. Knowing the investment you are making, these statutory warranties are an incredible comfort.
How Statutory Warranties Work
It is important to note that statutory warranties are in addition to any manufacturer’s or builders warranties agreed to in a contract or determined by law. For example, if your plumbing system has a ten-year warranty, your plumbing is still covered for ten years instead of two. However, if your contracted plumbing warranty is only for one year, the statutory warranty ensures a second year of coverage. A quality builder will simply have the defect under warranty corrected. However, consumers have a right to contest a builder’s breach of contract in court. Damages are typically awarded as a difference between the value of the home and the cost to repair the issue. Furthermore, if you sell your home before these warranties expire, they carry over to the new homeowner as well. The restriction is that the vendor or builder must be notified in writing within six months of the defect being discovered. You must also allow an inspection for the purpose of preparing an estimate. The builder must then present a written offer to repair the defect within 15 days of the inspection’s completion.
Progressive Builders Is Here For You!
Whatever your plans include, Progressive Builders is passionate about partnering with you every step of the home building process. Our mission is to ensure that your home plan will accommodate your lifestyle and meet the unique needs of your family. We will also assist you in finding the right floor plan and constructing your home with a focus on quality, all at an outstanding value. With over 20 years of experience, we’ve built a reputation across the Twin Cities metro area and beyond, and we are committed to continuing that level of excellence for your new home construction project. We have a number of customizable home plans to suit your needs and several lots available in neighborhoods across the Metro. We invite you to contact us today for more information.