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Commercial Real Estate - Construction
Builders Warranty


Builders Warranty


You should be certain that your construction agreement addresses issues of warranties and guarantees from the contractor. Furthermore, you should make sure that your contractor provides any and all warranties required by your state’s Attorney general or Contractors License Board. There are additional warranties which will be found in the contract, either expressly or implied, which may be applicable to your case should a dispute arise. Other things to be sure to keep in mind are the warranties on the materials themselves, particularly appliances. You should make sure that your contractor provides you with all of these warranties. 
 
You should know that there is the Magnuson-Moss Warranty Act, a federal law designed to protect owners from defective building products. Also, make sure that you do a punchlist during your final walkthrough, so the contractor can fix all things for which he is responsible. 
 

If there are defects in the work or a dispute arises, it would be prudent to contact a construction lawyer. 

 


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Commercial Real Estate Resource Center

  • Answers and Information
    An introduction to Commercial Real Estate with answers to frequently asked questions.
  • Contracts and Closings
    A guide to Contracts and Closings.
  • Condemnation and Eviction
    A guide to Condemnation and Eviction.
  • Construction
    An overview of Construction.
  • Landlord Tenant Relationship
    A guide to and explanation of the Landlord - Tenant Relationship.
  • Zoning
    A guide to understanding Zoning laws and issues.






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    September 08, 2008
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