home owners warranty

Home Owners Warranty. A warranty and insurance program that, among other coverage, insures a new home for ten years against major structural defects. • The program was developed by the Home Owners Warranty Corporation, a subsidiary of the National Association of Home Builders. Builders often provide this type of coverage, and many states provide similar warranty protection by statute. — Abbr. HOW. — Also spelled Home Owners’ Warranty. [Cases: Consumer Protection

8. C.J.S. Credit Reporting Agencies; Consumer Protection §§ 40–51, 64.]

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词条贡献者

资深译员David，毕业于亚洲顶尖的高级翻译学院，擅长翻译有关汽车业的法律文件。