What is a home owner's warranty?

Answer Home buyers can purchase a home owner's warranty through their real estate agent upon the purchase of a home.FunctionThe purpose of a home owner's warranty is to provide home buyers with the opport... Read More »

Top Q&A For: What is a home owner's warranty

Are fines imposed upon home owners for rules violation legal and collectible in a home owners association?

If the violations and fines are set forth in the associations's covenants and bylaws, yes, they are.

How possible is it that the GM collapse would affect GM warranty owners?

On One Hand: GM Does Not Own Your WarrantyAlthough GM was rescued by the federal government, even if it completely collapses, your warranty will remain intact. GM does not own the warranty, and lo... Read More »

Can the home owners association refuse owners gate access codes?

Work with your board and your association manager to most fully understand why access is being denied. For example: It is possible that your governing documents specify that when you do not pay you... Read More »

If the Home Owners Association for a condominium community hires a roofer to make repairs to the common area and there is damage to a unit owners personal property who is responsible for the damages?

It all depends.Depending on the insurance policy you carry on your personal property, and depending on the insurance carried by the association and the insurance carried by the roofer, there would ... Read More »