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In some states, such as New Jersey [3] for example, builders of new homes are required to provide a home warranty to those purchasing homes. Though the terminology is identical, these home warranty plans differ from the ones offered to existing home owners or through real estate transactions involving the purchase of existing homes.
Industry loss warranties (ILWs), are a type of reinsurance contract used in the insurance industry through which one party will purchase protection based on the total loss arising from an event to the entire insurance industry above a certain trigger level rather than their own losses. [1]
This is a list of Illinois companies which includes notable companies that are headquartered in Illinois, or were previously headquartered in Illinois.
Angi (formerly Angie's List) is an American home services website owned by Angi Inc., a publicly traded subsidiary of IAC. Founded in 1995 by Angie Hicks and William S. Oesterle , it allows users to search for contractors to provide paid home improvement work.
An implied warranty of habitability, generally, is a warranty implied by law (in some states) that by leasing or buying a residential property, the lessor or seller is promising that the property is suitable to be lived in. [10] The doctrine is intended as a protection for tenants in a less advantageous bargaining position than the landlord.
A contractor that says its $323 million contract for work on the massive Interstate 294 reconstruction project was improperly terminated has sued the Illinois Tollway. Judlau Contracting, a New ...
A warranty is a guarantee or promise that specific facts or conditions are true or will happen. Warranty may also refer to: Collateral warranty, gives a third party rights in an existing contract; Extended warranty, a goods/service maintenance agreement; Home warranty, home appliance service maintenance agreement
Under French law (Article L241-1 of the Insurance Code), every builder is required to purchase a ten-year insurance policy covering the mandatory decennial warranty on all construction projects. The decennial warranty is a legal liability assumed by builders for all defects that compromise the integrity of their structures or that cause them to ...