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.]

[Blacks Law 8th]