Quote:
Originally Posted by drcoastline
I can not speak to Colorado law but here in New Jersey we have what is know as a 2-10 warranty for all new construction. It covers construction defects.
The first two years are covered by the contractor, The eight year balance is ether covered through the state or an independent insurer. The cost of the waarnaty is pad for by the contractor.
I would look to see if Colorado has a similar warranty.
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I am a Builder in NJ. I believe the warranty coverage is similar, nationwide. The first year typically covers everything, the second year Plumbing, Electrical, and HVAC, years 3-10 are strictly structural issues. It really isn't a warranty, but a guideline of when the homeowner takes over basic maintenance. The 'warranty companies' never fix anything, they arbitrate claims between builder & homeowner. Kind of a silly system, of hundreds of homes, only one claim and it went to arbitration. Arbitrator agreed with me and our method of repair, but in addition to paying for warranty, we had to pay the arbitrator.
OP should have received warranty book at closing outlining coverage.