Rosewood Homes Limited Warranty Program relates only to Covered Defects which are defined as defects in material and workmanship that are either part of the structure or are elements of the defects in material and workmanship that are either part of the structure or are elements of the home as supplied by Rosewood Homes at the date of the closing. The existence of a Covered Defect does not constitute a breach of this Limited Warranty; however, Rosewood Homes is obligated to repair or replace the item to conform to the Performance Standards. This is not an insurance policy nor a maintenance agreement, but a definition of what the owners have a right to expect in terms of warranties.

ONE YEAR COVERAGE
Rosewood Homes warrants the construction of the home will conform to the tolerances for materials and workmanship, as defined in the Performance Standards, for a period of one year after the closing date* (other than items excluded in this warranty). For more details and information refer to the Rosewood Homes Warranty Program and/or our “2-10 Home buyers Warranty” Booklet.

TWO YEAR COVERAGE
Rosewood Homes warrants the workability of the plumbing, electrical, heating, ventilating, air conditioning and other mechanical systems as defined in the Performance Standards, for a period of two years after the closing date. For more details and information refer to our “2-10 Home buyers Warranty” Booklet.

TEN YEAR COVERAGE
Rosewood Homes warrants the construction of the Home will conform to the tolerance for the Structural Elements, as defined in the Performance Standards, for a period of ten years the closing date subject to the limitations set forth below. Structural Elements are footing, bearing walls, beams, girders, trusses, rafters, bearing, columns, lintels, posts, structural fasteners, sub floors and roof sheathing. A Structural Element will not be deemed defective, and no action will be required of Rosewood Homes, unless there is actual physical damage that diminishes the ability of the Structural Element to perform its load bearing function such that the home's unsafe, unsanitary or unlivable. For more details and information refer to our “2-10 Home buyers Warranty” Booklet.

*After closing you will have the opportunity of two formal meetings with one of our Service Specialists to identify warrantable items that require attention.