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PROPERTY : Chapter 3B

• 1 : Short title
• 2 : Definitions relative to new home warranties
• 3 : New home warranty; prescribing by rule or regulation; procedures for processing claims; time periods
• 4 : Liability of builder
• 5 : Certificate of registration; application; fee; issuance; duration; conditions
• 6 : Investigation of allegations; hearings; powers; denial, suspension or revocation of certificate; hearing; grounds
• 7 : New home warranty security fund
• 7.1 : Findings, declarations relative to new home warranties
• 7.2 : "New Home Warranty Security Fund Board of Trustees"
• 7.3 : Functions, duties of board
• 8 : Review and approval of alternate new home warranty security programs; fees; hearings; revocation of approval
• 8.1 : Filing of statement by warranty guarantor
• 8.2 : Filing, indexing of information
• 8.3 : Files open to public inspection
• 9 : Availability of any legal remedy to owner; election of remedy
• 10 : Rules and regulations
• 11 : Supersedure of municipal ordinance or regulation
• 12 : Failure to register; penalty; enforcement and collection
• 13 : Findings, determinations, declarations
• 14 : Moneys and claims for advance funding for remediation of structural damages
• 15 : Procedure followed by commissioner when claim filed
• 16 : Commissioner to estimate funding required for approved claims
• 17 : Legal action to pursue claims
• 18 : Submission of claims
• 19 : No payment for defect in new home warranted under alternative program
• 20 : Claimant deemed to have elected remedy

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