For home building, remodeling and improvements, consumer products warranties are generally transferred to homebuyers or homeowners. Providing these warranties can protect housing professionals installing these products from defect claims and minimize implied warranties that might otherwise arise.
Consumer products are defined by the FTC's Magnuson-Moss Warranty Act as tangible personal property which is normally used for personal, family, or household purposes. Materials or equipment that are part of the structure may be considered consumer products if they are specified as a product at the point of sale (contract) and then incorporated into a new home, remodel or improvement. Use this link for updated information about the FTC's definition of a Consumer Product....
The act also requires that the consumer have access to consumer product warranty information prior to purchase. This may include providing homebuyers with updated copies of the applicable warranties at the sales office or using Internet-based information services that present this information to prospective buyers prior to sale.
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