1924-19 Builder's Warranty

Section 515 Multi-Family Housing Preservation and Revitalization Restructuring (MPR) Demonstration Program

RD1924-0019_000100V01

Sec. 515 Multi-Family Housing Preservation and Revitalization - State, Local and Tribal

OMB: 0575-0190

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USDA
Form RD 1924-19
(Rev. 1-00)

FORM APPROVED
OMB NO. 0575-0042

BUILDER'S WARRANTY

Property
Names and Address of Purchasers or Owners

For good and valuable consideration, the undersigned Warrantor hereby warrants to the Purchasers or Owners identified above and
to the successors or transferees, all of whom are hereinafter referred to as Owners that:
The building, including appurtenances located on the property identified above, is constructed or improved in substantial
conformity with the drawings and specifications which have been accepted in writing by the respective USDA Agency. This
warranty applies to all workmanship, materials, and the installation of equipment (including, but not limited to, the heating
system, water heater, ranges and refrigerator).
The Owners shall give written notice to the Warrantor promptly after the discovery of any defective condition. Such written
notice must be given to the Warrantor during the period of warranty. The period of warranty shall be (a) in the case of new
construction or rehabilitation, one year from the date of initial occupancy of the completed or rehabilitated building, or (b) in
the case of improvements made to an existing building owned by the Owners prior to the improvements being made, one year
from the date of the completion of the work.
It is agreed and understood that this warranty shall apply only to those defective conditions of which the Warrantor has been given
written notice during the period of warranty.
Warrantor further agrees that warrantor will take any necessary actions to correct such defective conditions within
days
of receipt of written notice. If such action is not taken within

days, the Owners may, at their option, contract with another

party for the correction of the defects. Warrantor agrees to pay any expenses incurred by the Owners to correct defects covered by this
warranty.
This warranty shall be in addition to, and in no way reduce, all other rights and privileges which such Owners may have under any
other law or instrument, and shall be binding on the Warrantor notwithstanding any provision to the contrary contained in the contract
of purchase or any other instrument executed by the Owners.
This warranty is executed, in part, for the purpose of inducing the United States Department of Agriculture, (USDA) to make, insure,
or guarantee a loan on the Property.
If this warranty is signed by anyone other than the Warrantor, the person signing for the Warrantor represents and certifies that the
person is authorized to execute same by the Warrantor and by the person's signature the Warrantor is bound under the terms and
conditions of this warranty
NOTES: A- The warrantor must complete all three copies except dates, meet with owner to agree on notification period, sign and give
to the Owner with the final request for payment.
Owner must meet with Warrantor to agree on warranty notification period and to date and sign the warranty, owner
must retain original, and forward one copy to contractor, and one to the respective USDA Agency with the final request
for payment.
B. This warranty shall be required in all cases involving new construction or rehabilitation of buildings including those built
under contract, those built for sale without the respective USDA Agency's required construction inspections and those
under conditional commitment procedures.
WARNING
Section 100 I of Title 18, United States Code provides: ''Whoever, in any matter within the jurisdiction of any department

or agency of the United States knowingly and willfully ... makes any false, fictitious or fraudulent statements or representation, or makes or uses any false writing or document knowing the same to contain any false, fictitious or fraudulent
statement or entry, shall be fined not more than $250,000 or imprisoned not more than five years, or both.''
According to the Paperwork Reduction Act of I 995, an agency may not conductor sponsor and a person is not required to respond to a collection of information unless it displays a valid
OMB control number. The valid OMB control number for this information collection is 0575-0042. The time required to complete this information collection is estimated to average 15
minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the
collection of information.

POSITION 6
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RD 1924-19 (Rev. 1-00)

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In addition to the preceding warranty, the following items are covered by a company warranty or guarantee as follows:
Serial & Model
No.

Item

Name and Address of Company

No. Yrs. or
Mos. of Warranty

Heating System

Kitchen Range

Water Heater

Refrigerator

Manufactured
Home

Other

Other

NOTICE TO OWNERS: ANY NOTICE OF DEFECTIVE WORKMANSHIP, MATERIALS
NONCONFORMITY MUST BE DELIVERED TO THE WARRANTOR NO LATER THAN

OR

(Warrantor shall insert date one (1) year from initial occupancy, date of conveyance of title or date of completion, whichever is
applicable.) All plastic pipe used in this job will carry a 5 -year warranty from the date shown by the Warrantor above.
We have furnished the above company warranties or guarantees to the Owners for their use. If this warranty covers a manufactured
home, we certify that the manufactured home property substantially complies with the plans and specifications and the manufactured
home sustained no hidden damage during transportation and, if manufactured in separate sections, that the sections were properly
joined and scaled according to the manufacturer's specifications.
The Warrantor has signed this warranty this

day of

,

(SEAL)
Warrantor (Signature & Title)

(Warrantor's Address)

Receipt of this warranty is acknowledged this

day of

,

Owner(s)

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