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Session Laws, 1990 Session
Volume 436, Page 3082   View pdf image (33K)
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VETOES

WORSE BY CHANGES OF THE GRADING OF THE GROUND BY ANYONE
OTHER THAN THE BUILDER, ITS EMPLOYEES, AGENTS, OR
SUBCONTRACTORS; AND

(X) ANY LOSS OR DAMAGE CAUSED BY ACTS OF GOD.

(B) A BUILDER WHO HAS DISCLOSED THAT THE BUILDER
PARTICIPATES IN A NEW HOME WARRANTY SECURITY PLAN SHALL:

(1) FURNISH TO THE OWNER AT THE TIME OF THE PURCHASE
OR CONSTRUCTION CONTRACT:

(I) THE NAME AND PHONE NUMBER OF THE BUILDER'S
NEW HOME WARRANTY SECURITY PLAN;

(II) DETAILS OF THE WARRANTY COVERAGE PROVIDED
UNDER THE PLAN; AND

(III) IN A FORM TO BE DETERMINED BY THE SECRETARY,
EVIDENCE THAT:

1. THE BUILDER CURRENTLY IS A PARTICIPANT IN
GOOD STANDING WITH A PLAN THAT SATISFIES THE REQUIREMENTS OF
§ 10-606(A) OF THIS TITLE; AND

2. THE NEW HOME IS ELIGIBLE FOR ENROLLMENT

REGISTRATION OR HAS BEEN ENROLLED REGISTERED IN THE
BUILDER'S NEW HOME WARRANTY SECURITY PLAN; AND

(2) EITHER:

(I) PROVIDE THE NEW HOME WITH A NEW HOME
WARRANTY IF THE BUILDER BELONGS TO A NEW HOME WARRANTY
SECURITY PLAN THAT:

1. REQUIRES THE BUILDER TO ENROLL REGISTER
EVERY NEW HOME THAT THE BUILDER BUILDS; OR

2. DOES NOT REQUIRE THE BUILDER TO ENROLL

REGISTER EVERY NEW HOME BUT THE BUILDER HAS DECIDED TO SELL
THE NEW HOME WITH A NEW HOME WARRANTY; OR

(II) IF THE BUILDER BELONGS TO A NEW HOME
WARRANTY SECURITY PLAN THAT DOES NOT REQUIRE THE BUILDER TO
ENROLL REGISTER EVERY NEW HOME AND THE BUILDER HAS NOT
DECIDED WHETHER OR NOT TO SELL THE NEW HOME WITH A NEW
HOME WARRANTY, GIVE THE OWNER THE OPTION OF:

1. PURCHASING THE NEW HOME WITH THE NEW

HOME WARRANTY PROVIDED BY THE BUILDER'S NEW HOME
WARRANTY SECURITY PLAN; OR

- 3082 -


 

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Session Laws, 1990 Session
Volume 436, Page 3082   View pdf image (33K)
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