Buying a new home can be an exciting experience, but it can also come with its own set of challenges. One of the most important things to consider when purchasing a new home is the warranty that comes with it. In Mississippi, the New Home Warranty Act provides protection for homeowners against defects in their new homes.
What is the New Home Warranty Act?
The Mississippi New Home Warranty Act is a law that requires home builders to provide a warranty for new homes they build. The warranty covers defects in workmanship and materials for a certain period of time, providing homeowners with peace of mind knowing that they are protected in case something goes wrong.
The New Home Warranty Act applies to all new homes built in Mississippi after July 1, 1984, and the warranties provided must be in accordance with the act.
What Does the New Home Warranty Cover?
The New Home Warranty Act covers defects in workmanship and materials that may arise within a certain period of time after the completion of the home. The warranty covers the following:
- Defects in the foundation, roof, and walls
- Defects in plumbing, electrical, and HVAC systems
- Defects in flooring, paint, and other finishes
- Defects in appliances that come with the home
The warranty typically lasts for one year after the completion of the home, but some defects may be covered for up to ten years.
What is Not Covered by the New Home Warranty?
While the New Home Warranty Act provides protection for homeowners against defects in their new homes, there are some things that are not covered by the warranty. These include:
- Normal wear and tear
- Damage caused by the homeowner or their guests
- Damage caused by natural disasters or other events outside of the builder’s control
It’s important to note that the warranty does not cover cosmetic issues, such as cracks in the walls or minor imperfections in the finishes.
What Should Homeowners Do if They Discover a Defect?
If a homeowner discovers a defect in their new home that is covered by the warranty, they should notify the builder in writing as soon as possible. The builder then has a certain amount of time to make necessary repairs or replacements.
If the builder fails to respond or address the issue, the homeowner may need to take legal action to enforce the warranty.
Conclusion
The New Home Warranty Act in Mississippi provides protection for homeowners against defects in their new homes. It’s important for homebuyers to understand their rights and the coverage provided by the warranty before making a purchase.