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Committee advances bill requiring builders to disclose remaining warranties at closing
Summary
Senate Bill 522, reported favorably, would require registered home builders to provide buyers the remaining warranty information for appliances, including HVAC, at closing; committee members debated how warranties and registrations operate in practice and noted the bill contains no enforcement penalties.
The Economic Matters Committee voted to move Senate Bill 522 favorably; the bill requires a person registered as a home builder in the state to provide, at closing for the initial sale of a new home, specified information about warranties for appliances installed by the builder.
Supporters said the bill aims to prevent surprise warranty shortfalls — for example, if appliances were installed early in the construction process and buyers later find less warranty time remains than they expected. "Homeowner buys the house presuming there's at least…
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