LRWP Managment Information System - Warranty Products Information
NEW HOME WARRANTY PROGRAM
Industry statistics suggest that one out of every 100 homes built may
experience a major structural repair that could cost the homeowner a
significant amount of money. This is the kind of problem that many home
buyers are concerned about. How arethey going to be protected? Lux
Residential Warranty Program Inc. (LRWP) New Home Warranty addresses
Our new home warranty program is offered by Member Builderswho have been
thoroughly screened by our industry experts. All of LRWP Member Builders
have a proven track record. All of our Member Builders lead the industry
in QUALITY and CUSTOMER SATISFACTION.
Each Member Builder has consistently demonstrated that each of their
homebuyers will receive the best built residential unit and finest
aftermarket customer service possible. Builders need to be assured that
their valued customers are going to be taken care of after the first
year. There is no better way to safeguard the home buyer from the
burdens associated with high-priced and unexpected repairs than with the
Lux Residential Warranty Program.
LRWP stands by their Member Builders and their valued customers.
LATENT DEFECTS WARRANTY
Year One - Materials and Workmanship
The program warrants that, during the first year, the Homeowner will
receive if necessary repair and workmanship as defined in the Program's
Warranty Certificate. Program covers up to a maximum of $30,000 for
materials and workmanship involved covered by the program including
those supplied and installed by the registered builder, it's employees
and those trades and others contracted directly by the registered
MAJOR STRUCTURAL DEFECTS WARRANTY
Years One to Ten - Major Structural Defects
Major structural defects affecting the load-bearing portion of your new
home are protected for the entire ten year period up to a maximum of
$30,000.00 per residential unit. In the event that the home owner is
required to move out while major structural repairs are under way, the
warrant allows an additional relocation expense up to $3,000.00.
The maximum aggrigate liability to LRWP for the Latent Defect
Warranty and the Major Structural Defect Warranty shall not exceed a
total of $30,000.
FOUNDATION WATER PENETRATION LIMITED WARRANTY
Lux Residential Warranty Program has partnered with a leading
manufacturer and installer of a proprietary water protection barrier for
basements, in order to ensure that your basement will be free from
leaks, dampness, mould and mildew and musty odours for a ten (10) year
period. Builders are encouraged to call LRWP for full details.