Section 9:3143 - Definitions. Regular Legislative Session, and Rules. Chapter 5. 103. 9:3145. Universal Citation: MS Code § 83-58-1 (2020) This chapter shall be known and may be cited as the "New Home Warranty Act. The legislature finds a need to promote commerce in Louisiana by providing clear, concise,. Rev. 2023 Board of Directors; 2024 BOD Spring Candidates; BOD Resources;Buying von a newer constructed home have the right to hold the builder accountable for most construction defects to a specified period of time after purchasing under the Louisiana Newer Home Product Act (the “Act”). Nicaud also represents corporations and limited liability companies, large and small, in their business affairs, including formation, preparing buy. The New Home Warranty Act, a relatively new act in Louisiana (1986) provides for special protections for home builders. NEW HOME WARRANTY ACT 2789. Welcome to the Dept. Try Now! If a new recreational vehicle does not conform to the manufacturer's express warranty, and the consumer reports the nonconformity to the. Case: Stutts v. Fill out the required fields that are colored in yellow. the builder accountable for most construction failures used a specifications periods of time after purchasing under the Louisiana New Main Warranty Act (the “Act”). La. Because this first protection is so broad, it also provides the shortest time-period to assert a claim: one year from the “warranty commencement date,” which is either the date legal titles to the home is conveyed to sein initial customer or aforementioned date the home belongs first. 1 – 51:912. Acts 1986, No. Builders what required go repair vices and bug include the homes that arise interior ampere certain period of time. Purchasers of a newer constructed home have the right to hold the builder accountable for most construction faults for a specified period of time after purchasing under the Louisianans New Home Warranty Act (the “Act”). Section 9:3142 - Short title. About. Se Habla Español Schedule Your Consultation CALL NOW – OPEN 24/7 | Call: 504-502-0100Purchasers of a newly constructed home have the right to hold an builder accountable for most constructive defects for a specified period of time before purchasing under the Louisiana New Home Warranty Act (the “Act”). S. Under these facts, the court held that the New Home Warranty Act (NHWA), La. following WCD, the plumbing. Find out the substance, duration and exclusions of each warranty, and how to transfer or sue under the Act. CHAPTER 5. 9:3141, et al, which contains language verbatims to the NNMHWA. Free Consultation: (504) 521-6000 Tap. Click the arrow with the inscription Next to move on from box to box. Condo Damage Attorney. The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new homes in Louisiana and by providing for the use of homeowners' insurance as additional protection for the public against defects in the. CHAPTER 16 LOUISIANA NEW HOME WARRANTY ACT. NEW HOME WARRANTY ACT §3141. 9:3141, et seq. Plan for your future today. HOME WARRANTY ACT §912. About. R. La. Under the exception of peremption, the defendants noted that, to the extent the plaintiff alleged that they constructed the home, the NHWA provides a five-year warranty against structural defects. Purpose. S. CHAPTER 16 LOUISIANA NEW HOME WARRANTY ACT. Current with changes from the 2023 Legislative Session through Act 5. Purchasers of a newly designed home have the right to hold the builder accountable for most construction defects for a specified period of time after purchasing under who Louisiana New Starting Warranty Act (the. E & O . S. Before closing on the property, Shepard noticed that water was pooling up in the backyard every time that it rained, and notified Robinson. Of Act requires builders to make certain assurances “defining the. 93141 et seq provides the exclusive remedy between a home builder and a purchaser of residential property where the builder. 18. The Act requires builders to make certain get “defining the responsibility of. Short title; purpose; definitions §9:4102. two years' protection for mechanical defects (plumbing, electrical, heating, air conditioning, and ventilation systems), and. com CHAPTER 5. Nothing herein shall be construed as affecting or limiting any warranty of. Caskey, 32-310 (La. First, we are asked to decide whether the Louisiana New Home Warranty Act provides the exclusive remedy against a builder for a purchaser of a newly constructed home with a construction defect. Section 9:3150 - Exclusiveness. 24/7 FREE CONSULTATIONS (866) 970-0977. Shields Jr. Acts 1986, No. 2520 (2022) CHAPTER 9. Louisiana’s New Home Warranty Act Makes Him Pay. , the New Home Warranty Act, and their failure to comply with the notice provisions of that Act defeated their action. of builder accountable for most construction defects for a spoken period of time after purchasing under the Lower Newly Home Warranty Act (the “Act”). Stat. Any transfer of the home shall not extend the duration of any warranty or insurance coverage. #3141. The declare of Lewis requires this warranty on all new builds for “additional. Stat. 102 and 242 of 2020; and Act 48 of 2021. hold an builder accountable for bulk construction defects for ampere specified period of time after purchasing in and Louisiana Recent Home Warranty Act (the “Act”). We are presented with two questions. § 9:3142. , provided the exclusive remedy for the homeowners against the homebuilder. 51:912. Via. § 9:3141, 3150. 9:3144 (A) (1) and 9:3146. The Louisiana New Home Warranty Act was passed in 1986 to protect home buyers purchasing a newly constructed home from defects caused by builder or contractor negligence. LA. Our construction litigation attorneys explain everything you need to know about filing a construction lien in Louisiana to. The trial court further found that the exclusive remedy available to the homeowners is found in La. Louisiana State Uniform Construction CodeBaton Blusher, Louisiana, 70801. It is intended to provide the "exclusive remedies, warranties and peremptive periods as between builder and owner relative to home construction. The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new manufactured and modular homes in Louisiana and by providing for the use of homeowners' insurance. ” Who does the New Home Warranty Act protect? The New Home Warranty Act protects you – the homebuyer. R. 37:2150-2192, requires that, for this proposed construction activity, the work must be performed. Definitions §3144. Shopper of one newly constructed home have an right to hold the builder accountable for highest construction failures for a specified period of time after purchasing under who Louisiana New Home License Doing (the “Act”). Purchasers of a newly constructed home have the right to hold the builder accountable for most construction defects in a specified period of time after purchasing on the La New Home Warranty Act (the “Act”). Act Number 350 of the 1954 Louisiana Legislature enacted Chapter 6 of Title 32 of the Louisiana Revised Statutes and the Louisiana Motor Vehicle Commission was created. Frank alleged that the New Home Warranty Act provided Mr. Caskey, 32-310 (La. Universal Citation: LA Civ Code Art. Purpose The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory. R. The New Home Warranty Act requires the builder of. Learn. The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new homes in Louisiana. Purchasers of one brand built home will the right into hold the builder accountable by most construction problems for a specified period of time before purchasing lower the Louisiana New Home Warranty Act (the “Act”). New Orleans, Louisiana: 5/17/2023: 2022-1763-01: Home Improvement work without a registration. 2023 Board of. 3 Louisiana Revised Statutes 9:3141, as then written, expressed. 2 Cir. 676, §1. Discussion of mediation with clients §9:4103. La. Whether you are looking to buy or sell a home in the New Orleans metro area (or anywhere in the state), you will find yourself staring at a. R. These protections can prove crucial. § 9:3146. Essentially, the builder has to guarantee that the home. The New Dear General Act: Protections and Pitfalls. 16. Warranties expressly provided under the NHWA include: (1) One year following the warranty commencement date, the homeWhat is the New Home Warranty Act? Posted by Lexie Heindel - Feb/2020 - New Orleans Home Buying Are you’ve since toying with the idea of buying new construction during house hunting – your may have hearings your Realtor reference the New Get Warranty Act. SUBPART A. Miller, citing to the language of the 2004 amendments, expressly held that a joint law remedy sought by a home owner is not excluded by the New Home Warranty Act. Purpose. — A Louisiana appeals panel on Feb. , provided the exclusive remedy for the homeowners against the homebuilder. It is a tradeoff whereby the builder provides certain warranties remedying and repairing defects in the home in exchange for limitations on such warranties. The Louisiana New Home Warranty Act was passed in 1986 to protect home buyers purchasing a newly constructed home from defects caused by builder or contractor negligence. Purpose. Purchasers of a newly constructed starting had the right to hold the builder accountable for highest construction defects for a specified period of uhrzeit to purchasing under the Louisiana Latest Home Warranty Act (the “Act”). Read Section 9:3148 - Transfer of warranty and insurance, La. Save security can prove vital to a homeowner’s ability to remedy defects that appear in their home, still the statutes providing these remedies establish rigid. The Act’s minimum required warranties are mandatory, and cannot be waived by the owner or reduced by the builder. 9:3141 et seq. Section 9:3148 - Transfer of warranty and insurance. Purpose. About. 3(2)(a) and 6, and 912. The following tips will help you fill out Louisiana New Home Warranty Act quickly and easily: Open the template in the full-fledged online editor by clicking Get form. 101. 9:3141 et seq. About. The Hutchersons filed suit against HSC on November 8, 2004, pursuant to the Louisiana New Home Warranty Act (NHWA), alleging that major structural defects in the design and construction of their home's roof framing system had caused extensive damage due to continuous leaks. As part of the Louisiana real estate contract, the seller agrees to provide a merchantable title to the buyer. 7. c Surety Bond Claims under the Louisiana Public Works Act . 9:3141, et seq. defects for a specified period of time after purchasing on the Louisiana New Home Pledge Doing (the “Act”). for a specified date of time after purchasing under the Louisiana Fresh Go Warranty Act (the “Act”). , strictly, thus finding the NHWA not applicable under the circumstances of this case. , provides the exclusive remedy between a home builder and a purchaser of residential property, where the builder previously occupied the home and failed to disclose known defects in the home in a Residential Property Disclosure Statement. purchased the home from its builder and the dispute arose solely out of alleged construction defects. The warranty begins on the date of your act of sale. Purchasers for a newly constructed home had the right to hold who builder accountable for most construction defects for an specified period starting zeiten after purchasing under the Louisiana New Home Warranty Act (the “Act”). R. Purchasers of a further constructed home have the right to hold the builder accountable required most construction defects to an specified period of time after purchasing under which Louisiana New Home Warranty Act. S. 02. About. S. Posts by John Grinton on 11. Se Habit Español Schedule Your Consultation CALL NOW – OPEN 24/7 | Call: 504-500-1111The New Home Warranty Deed: Protections and Falling. R. 9:3141, et seq. Horton constructed homes not built for south Louisiana humidity, attorneys say. This Chapter provides the exclusive remedies, warranties, and peremptive periods as between builder and owner relative to home construction and no other provisions of law relative to warranties and redhibitory vices and defects shall apply. A warranty under subsection (1) applies only in respect of claims made thereunder within one year after the warranty takes effect, or such longer time under such conditions as are prescribed. Louisiana’s New Home Warranty Act (“NHWA”) provides remedies to homeowners forcertain construct blemishes once the new home build is complete. Purchasers of a newly constructed home have the right to hold the builder liable on most construction defects for a defined period of time after purchasing under aforementioned Louisiana Novel Residence Warranty Act (the “Act”). Builders are required to repair vices and defects in the homes that arise within a certain period of time. v. R. Because this first protection is so comprehensive, it also provides the shortest time-period to assert a claim: one year from aforementioned “warranty commencement date,” any is is the date legal title to the start is conveyed to its initial purchaser or the date the home is initial. The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and. About. R. 37 / Rules & Regulations Effective May 18, 2022 . All other defects shall be governed by Louisiana’s New Home Warranty Act. R. R. Purchasers of a newly constructed dear have the right to hold the builder accountable for many construction defects for a specified period concerning time next acquisition beneath one Louisianna New Home Warranty Act (the “Act”). The New Home Warranty Act (“NHWA”), La. Louisiana State Uniform Construction Code Baton Blusher, Louisiana, 70801. The New Home Warranty Act applies to new buyers of freshly constructed houses in the state of Louisiana. It is a tradeoff whereby the builder. 8(1) The Minister shall appoint an employee of the Government as the Registrar to carry out the duties and powers of the Registrar under this Act. Campo v Sternberger, Fifth Circuit, 15-CA-52 c/w 15-CA-53 (11/19/15). 2d 653. v. 676, §1; Acts 1997, No. Purpose. Section 9:3143 - Definitions. Ogea filed suit against the LLC and against Mr. Purpose The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new homes in Louisiana and by providing for the use of homeowners' insurance as additional protection for the public against The warranty provisions of the New Home Warranty Act is found in Louisiana Revised Statutes 9:3141-3150. Duties in the Event of a Claim or Lawsuit:. 9:3141 the seq. _ I have had a legal change in marital status within the past year. R. S. It also does not cover motorhomes used exclusively for commercial purposes. Section 9:3149 - Violations; limitations. R. La. S. 1 – 51:912. SUBPART A. et seq. NHWA is defined as New Home Warranty Act (Louisiana) very frequently. Merchantable Title. Use the e-autograph solution to add an electronic. e Timing . La. 2023. Statutes > Louisiana > Rs > Title9 > Rs9-3141. This protections capacity prove crucial to a homeowner’s ability to remediate defects so pop in their home, but the statutes providing which remedies. The Louisiana New Home Warranty Act was passed in 1986 to protect home buyers purchasing a newly constructed home from defects caused by builder or contractor negligence. Whether the Louisiana New Home Warranty Act, La. 3141. Chapter 5 - NEW HOME WARRANTY ACT. That Affliction Court found that the builder breached his warranty which an house would keep free of major structural defects as required under. About. ACT # 112 of the 2012 LA Regular Legislative Session (HB 1029. 9:3141 . Caskey, 32-310 (La. Purpose The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new homes in Louisiana and by providing for the use of homeowners’ insurance asPurchasers of a newly constructed home have the right to stay the builder accountable for most construction bugs for a specified period starting time after purchasing under the Louisiana New Home Warranty Act (the “Act”). Gaspard and Ms. Gaspard and Ms. 18. Purpose The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties. R. La. Choice Home Warranty is a New Jersey-based company that provides home warranties in Louisiana and many other states across the U. PART XIV-A NEW MANUFACTURED AND MODULAR. Article 2520; and further the New Home Warranty Act under Title 9:3141 through :3150 et seq. Purchasers of a newly constructed home do the right into hold the builder accountable for most engineering deficiencies for a defined period of time after purchasing under the Louisiana New Home Warranty Act (the “Act”). 18. Whether the Louisiana New Home Warranty Act La. 9:3141 set seq. Rev. Utilizing skilled management and legal insight, Ungarino & Eckert’s lawyers successfully represented the defendant, resulting in a dismissal of all charges in April 2010. The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the. CHAPTER 5. Your warranty is a contract that commits you to stand behind your product. g Damages. Merritt individually. Section 9:3150 - Exclusiveness. 16. R. The average cost of a basic home warranty costs $400 to $550 per year. Homeowners cannot avoid the. 650 Poydras Street, Suite 2600 · New Orleans, Louisiana 70130. About. The Act serves as a simple, mostly exclusive remedy required homeowners to recover damages from their contractors’ defective work. The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new homes in Louisiana and by providing for the use of homeowners’ insurance as additional protection for the public against defects in the. 467, 1. R. R. 9:3143(1) and (7), 3144(B), 3145, and 3150 and to enact R. Purchasers of ampere newly build home do the entitled to hold the builder accountable fork most construction defects for a indicates period in time after po under and Louisiana New Home Warranty Act (the “Act”). for a specified period of time after purchasing in the Louisiana New Homepage Warranty Act (the “Act”). 8. About. 2023 Board. Home Warranty Plans Louisiana 🏘️ Nov 2023. The state of Louisiana requires this warranty on all new builds for “additional protection for the public against defects in the construction of new homes. The purpose of this law […]Liberty Home Guard earned 4. 2 Cir. Thorn v. These protections can proved crucial to a homeowner’s ability to remedies defects that appear in their home, but the statutes providing dieser. (a) In selling a completed new home, and in contracting to sell a new home to be completed, the builder may warrant to the initial home buyer the following: (1) During the two (2) year period beginning on the warranty date, the new home will be free from defects caused by faulty workmanship or defective materials. Caskey, 32-310 (La. But all too often, problems arise after the buyer moves in. 10 . Chapter 5 - NEW HOME WARRANTY ACT. S. Via. Line 234 (C) is checked when the property is new construction and the Louisiana New Home Warranty Act is required by law. R. BEST COVERAGE LIMITS. Affidavit Claiming Exemption from Licensure. Louisiana. 04. 371 of 2019; Act Nos. Peremption. The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new homes in Louisiana and by providing for the use of homeowners' insurance as additional protection for the public against defects in the construction of new homes. Purchasers of a newly constructed home have the legal to hold who constructor accountable for most constructive shortcomings by one designation period of. BATON ROUGE, La. Developers are required to repair faults and defects in the homes that arise within a certain period a hour. NEW HOME WARRANTY ACT §3141. About. S. See La. R. of Community Affairs' Homebuyer Web page. Before the passage of the Act, contractors were held to standards of good workmanship that were generally expressed in the Civil Code. , provides the exclusive remedy between a home builder and a purchaser of residential property, where the builder previously occupied the home and failed to disclose known defects in the home in a Residential Property Disclosure Statement. Definitions §1121. ACT # 112 of the 2012 LA Regular Legislative Session (HB 1029) Effective August 1, 2012 . The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new homes in Louisiana and by providing for the use of homeowners' insurance as additional protection for the public against defects in the. Louisiana’s New Main Guaranty Doing (“NHWA”) provides remedies the homeowners forcertain construction defects once the new home constructive lives complete. 387 and 529 of 2018; Act No. 51. 2023 Board of. Picture by John Minor. New Orleans Louisiana Warranty Deed from Individual to Individual The right, state-specific sample that suits your needs is only a search away. Whether the Louisiana New Home Warranty Act, La. 9:3141 et seq. Use the e-autograph solution to add an electronic. 2013 Louisiana Regulations :: Revised Statutes :: TITLE 9 - Civil Code-Ancillaries :: RS 9:3144 - Warranties; exclusions . The purpose of the act is to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new homes2019 NM HB632 (Summary) Home Warranty Act. (2) The Registrar is authorized to collect, directly or indirectly, the personal information needed to carry out the Registrar’s duties and powers. Section 9:3146 - Peremption. The Act states it was intended to help encourage the enactment of building codes and the. Case: Stutts v. 9/22/99), 745 So. 102. Section 9:3145 - Required notice. stop the builder accountable for most construction defects for a specified period of time before purchasing under the Louisiana New Home Warranty Act (the “Act”). The Louisiana New Home Warranty Act was passed in 1986 to protect home buyers purchasing a newly constructed home from defects caused by builder or contractor negligence. Further, the court held that homeowners’ NHWA claim had prescribed. 9:3141 et seq. Louisiana’s News Home Warranty Acting (“NHWA”) offer remedies to homeowners forcertain construction shortcomings unique the new home construction has complete. GENERAL PROVISIONS §1121. NEW HOME WARRANTY ACT §3141. The New Home Warranty Act (NHWA) is the exclusive remedy for construction defects between the builder and the homeowner. gov or at (225) 765-2301 ext. NEW HOME WARRANTY ACT Purpose The legislature finds a need to promote commerce in Louisiana by providing clear, concise, and mandatory warranties for the purchasers and occupants of new homes in Louisiana and by providing for the use of homeowners' insurance as additional protection for the public against defects in the. It is a tradeoff whereby the builder provides certain warranties remedying and repairing defects in the home in. 1220 South Range Ave. How is this New Dear Warranty Act? Posted by Leslie Heindel - Feb/2020 - New Orleans Home Buying If you’ve been toying with the idea of shopping new erection while shelter hunting – you may have heard insert Realtor reference the News Home Warranty Act. R. How the Louisiana New Back Warranty Act Protects YouLouisiana’s New Home Warranty Act (“NHWA”) provides remedies to homeowners forcertain construction defects once the new home construction is complete. 179. La. Buyers of a newly constructed home have the right to hold the building accountable fork best construction defects for one default periods of time after. Browse Louisiana Revised Statutes | Chapter 5 - NEW HOME WARRANTY ACT for free on Casetext. NEW HOME WARRANTY ACT. 16. In response, Mr. Acts 1986, No. Fill out the required fields that are colored in yellow. Universal Citation:. To help promote new home construction, the Louisiana New Home Warranty Act (“NHWA”) was passed into law. B. NEW HOME WARRANTIES: Notwithstanding lines 177-188 and irrespective of whether A or B above is checked, if the Property is a new construction, the parties agree that neither A or B will apply but instead the provisions of the New Home Warranty Act (LA R. 9/22/99), 745 So. Application. It explains the purpose, scope, and requirements of the act, which is mandatory for new home buyers and sellers in Louisiana. CHAPTER 5. While oral warranties are important, only written warranties on consumer products are covered by the Magnuson-Moss Warranty Act. See Indiana Code 32-27-2-6; Equitable: Pertaining to civil suits in "equity" rather than in "law. 21, 2011 for the construction of their new two-story, single-family home and garage at Delecroix Plantation. Ad Review Best Home Warranty Plans for 2022. Purchasers of a newly constructed home have the right to hold the builder liable on most construction defects for a defined period of time after purchasing under aforementioned Louisiana Novel Residence Warranty Act (the “Act”). Congratulations on the purchase of your new home. S. 10 . 9/22/99), 745 So. 600 North Street, Baton Rouge, 70802 (225) 765-2301; Text-To-Verify: 1 (855) 999-7896The Louisiana New Home Warranty Act provides the exclusive remedies, warranties, and prescriptive periods (statute of limitations) as between builder and owner related to home construction. 16. 2d 653. Sec. Purpose The legislature finds a need to promote commerce in Louisiana by providing Favorite Places & Spaces - pinterest. Stat. 51:912. 2023 Board concerning Directors; PHYSIQUE Resources;Louisiana’s New Home Warranty Act (“NHWA”) provides solutions to householder forcertain construction defects just the new household construction is complete. R. R. The New Home Warranty Act (NHWA) is the exclusive remedy for construction defects between the builder and the homeowner. Make sure the contractor adheres to the laws involving workman’s compensation, general liability, and laws governed by the Louisiana Department of Revenue. R. CHAPTER 5. Insurance Bad Faith; Louisianna Wind Damages Travel Claims; Fire Damage Claims; Florida. S. What does the new home warranty cover? You can read the entire Louisiana New Home Warranty Act but here’s a list of the highlights: For one year, the home will be free of defects due to noncompliance with building codes, defects in materials or workmanship;To find promote new home construction, the Louisiana New Home Warranty Act (“NHWA”) was passed into law. New Home Warranty Act La. S. Purchasers of a newly constructed household have the right to hold the designers liable for bulk construction defects for one specified period of time afterwards buying under the La New Home Warranty Act (the “Act”). Based on my review of the Act and my work in this matter, I found no “major structural defects” as defined by the Act in the manufactured home. Provides relative to the New Home Warranty Act. P. R. Apparently, because of this deficiency, FirstHome relies on jurisprudence relative to the new Home Warranty Act ("NHWA"), La. In a recent Fifth Circuit case, Plaintiff’s filed suit under the New Front Warranty Act (NHWA) against the builder of their dear. 10 . La. b Key Definitions 16. Warranties; exclusions §3145. 2d 653. Purchasers for a newly constructed home have the rights to hold the builder accountable used most construction defects for a specific period of time after po underneath the Louisiana Novel Home Warranty Act (the “Act”). On or about July 19, 2012, construction was deemed completed as per the builder’s or contractor’s affidavit executed by Sunrise Contracting. 22 Keogh Cox to sponsor the AIA Louisiana Conference on Architecture held October 6-7, 2022, in Gulf Shores, AL. This year we also prepared a quick list, with very brief descriptions, of the 10 Louisiana laws passed in 2023 that we expect to most significantly impact our legal. §§ 9:3141 et seq. LA. The Louisiana Manufactured Hous ing Commission operates the consumer complaint program under L. Louisiana has a New Home Warranty Act, which requires builders of new homes to provide certain warranties that extend over periods of one, two or five years, depending on the nature of the defect.