Warranty Contract

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Warranty Contract
Effective Date:
____/____/______
Owner
[Legal Name] (AKA, “The Owner”)
Located at
[Address]
[City], [State] [Zip Code]
&
Contractor
[Legal Name](AKA, “The Contractor”)
Located at
[Address]
[City], [State] [Zip Code]
Have entered into a Contract dated ____/____/______ for Project _______________________.
General description of the above referenced Project:
_____________________________________________________________________________
_____________________________________________________________________________
The above referenced Contract and Project are incorporated by reference into the Warranty
Contract.
Through this Contract, the above mentioned Contractor as Principal and $________ as Surety
are bound to the Owner as Obligator in the maximum amount of $________________. The
Contractor and Surety do hereby bind themselves, their heirs, administrators, and successors
and assigns jointly as provided herein.
1. General Conditions:
It is the condition of this Contract that if the Contractor upon receipt of written notice
that is according with the Contract of a defect in the Work, shall promptly perform its
obligations under the Correction of Work provisions of the Contract, a defect may be
discovered during the one year Correction of Work period and shall commence on the
Date of Substantial Completion, or on Date of Final Completion as mutually agreed by
the Owner and Contractor, and the obligations shall remain in full effect.
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