Agreement Between Builder And Purchaser(S) Template

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AGREEMENT BETWEEN BUILDER AND PURCHASER(S)
(Reviewed: March 31, 2006)
This is an agreement between _______________________, builder, and _________________,
purchaser, who declare and certify that the builder has constructed a home under FHA/local authority
supervision or a 10 year homeowner’s warranty program for the property located at
____________________city _________________, ____________. If a 10 year homeowner’s warranty
program is not provided, than a 10% down payment is required. Local authority supervision does not
apply to manufactured or condominium properties.
THE PURCHASER(S) HEREWITH CERTIFIES THAT THE BUILDER HAS PROVIDED THE
FOLLOWING WARRANTIES, EITHER IN PERSON OR LOCATED IN A CONSPICUOUS LOCATION
IN THE HOME CONSTRUCTED, AS FOLLOWS:
An insulation certification (card) in a conspicuous location in the dwelling. Locate each type of insulation
used, the date of installation, and the name of the applicator and builder.
A carpet certification (with builder’s signature) in a conspicuous location in the dwelling, identifying:
a) Name of the manufacturer
b) Carpet identification number from a certified directory,
c) Type of carpet underlayment, and
d) Manufacturer’s recommended home maintenance program.
Manufacturer’s warranties to the homebuyer:
a) Heating system warranty,
b) Hot water heater warranty,
c) Insulting glass guarantee, and
d) Cooling system warranty
A one-year builder’s warranty (performance guarantee) on labor and materials, that is transferable, and
provides for parts and service without charge to the homeowner or subsequent owners. If a 10% down
payment is provided, a one-year warranty will not be required.
Builder:
___________________________________________
Date:
_____________________
Address:
___________________________________________
By:
_____________________
Purchaser:
___________________________________________
Date:
_____________________
Purchaser:
___________________________________________
Date:
_____________________
Revised: 11/11/05

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