homeowners warranty

noun

  • Real Estate Law
  • Insurance Law

Definitions of homeowners warranty

  • an insurance policy that provides the buyer of a new home with a 10-year warranty against named physical defects

    A homeowners warranty covers items which are not included in your Homeowners Insurance Policy.

Phrase Bank for homeowners warranty

  • The units also come with a five-year real estate tax abatement and a 10-year homeowners warranty.

  • Inspecting a newly-built home is a good idea for the provincial homeowners warranty program.

  • Our new home was automatically covered by a homeowners warranty.

  • KB Home responds to and addresses each of our homeowners’ warranty claims.