Workmanship, Materials and System Defects

Every new Megatel Home is covered by one of the most comprehensive home warranty programs in the marketplace today. Megatel Homes, Inc. safeguards your single largest investment, and protects you against unexpected repair or replacement expenses. Here is what you can expect:

During the warranty period on your new home, Megatel Homes and Bonded Builders Warranty Group ensures that the home will be free from: 

• Defects in the materials or workmanship as defined in the Construction Performance Standards. This does not include defects in appliances, fixtures and equipment, which are not covered in this warranty.

• Defects in the electrical, plumbing and mechanical systems as defined in the Construction Performance Standards, including wiring, piping and ductwork of those systems.

If defects in any of these systems result from failure of an appliance, fixture or equipment that is covered by a manufacturer’s warranty, those defects are not covered by this warranty.

Refer to the warranty for coverage exclusions.

Megatel Homes commitment to superior Home Warranty Service is evident from the moment you move into your new home.

One Year (Limited Warranty)
From the closing on your new home, for a period of one year, your home will be free from defects in materials and workmanship. Items such as appliances and heating and cooling units are covered under manufacturers' warranties.

This warranty will not cover cosmetics, scratches and normal wear and tear.

Two Years (Mechanical)
For two years after closing on your new home, the mechanical installations will remain defect free, including electrical, plumbing and the heating and cooling system.

Ten Years (Structural)
Bonded Builders Warranty Group will make sure your new home is free from defects for certain major structural components.

You can review the the Limited Warranty that applies to your new Megatel Home. Your actual warranty document will be signed at closing and you will receive the warranty documents by mail in a few days. 

Major Structural Defects

The warranty provides coverage for “major structural defects” that occur during the term of the warranty.

A “major structural defect” is defined as actual physical damage to load-bearing portions of the home. This damage must affect the load-bearing function to the extent that the home becomes unsafe, unsanitary or otherwise unlivable.

Subject to the limits provided in the warranty, we will a) repair or replace a covered major structural defect or b) pay the homeowner the reasonable actual cost of repair or replacement. The repair will include only the steps necessary to ensure that the home is restored to its approximate condition just prior to the defect, not “like new” condition.

Repair of the major structural defect is limited to: 

• Repair to the load-bearing portions of the home to restore load-bearing ability. 
• Repair to the load-bearing portions that make the home unsafe, unsanitary or otherwise unlivable.

Bonded Builders is responsible to you, the homeowner, for total liability of all major structural defects arising during the term of the warranty. Liability is limited to the amount of coverage provided under the warranty and will not exceed the original purchase price of the home. Repair and/or replacement do not affect the term of the warranty.  Refer to the warranty for coverage exclusions.

Extracted from Bonded Builders Warranty Group material. Web or contract. 2007