Home Owners Warranty

Home Owners Warranty
(HOW)
A warranty and insurance protection program offered by many home builders in the United States. The program was developed by the Home Owners Warranty Corporation, a subsidiary of the National Association of Home Builders. The major provisions of the program are that a new home is protected for ten years against major structural defects. Similar warranty protection is provided by statute in many states

Black's law dictionary. . 1990.

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Look at other dictionaries:

  • Home Owners Warranty — (HOW) A warranty and insurance protection program offered by many home builders in the United States. The program was developed by the Home Owners Warranty Corporation, a subsidiary of the National Association of Home Builders. The major… …   Black's law dictionary

  • warranty — A promise that a proposition of fact is true. The Fred Smartley, Jr., C.A.Va., 108 F.2d 603, 606. An assurance by one party to agreement of existence of fact upon which other party may rely. It is intended precisely to relieve promisee of any… …   Black's law dictionary

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  • habitability — Condition of premises which permits inhabitant to live free of serious defects to health and safety. Warranty of habitability. Under implied warranty of habitability, applicable to new housing, the builder vendor warrants that he has complied… …   Black's law dictionary

  • habitability — Condition of premises which permits inhabitant to live free of serious defects to health and safety. Warranty of habitability. Under implied warranty of habitability, applicable to new housing, the builder vendor warrants that he has complied… …   Black's law dictionary

  • HOW — See Home Owners Warranty …   Black's law dictionary

  • HOW — See Home Owners Warranty …   Black's law dictionary

  • National House Building Council — (NHBC) Type Checking standards of 19,500 registered house builders Industry House Building Founded 1936 Headquarters Milton Keynes, Buckinghamshire, England Key people …   Wikipedia

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