Slide 47 of 48
Notes:
- Warranties that the contractor provides to the owner
- Typical warranty will be one year for workmanship
- By law; ten years for property damage resulting from latent defects
- By law, four years for patent defects
- By law, three years, at a minimum, for property damage resulting from negligent workmanship on the contractor's part, after the time the owner knew, or should have known, of any damage resulting from a contractor's workmanship