News » January, 2011 » 31 January 2011
Warranty for a new apartment shorter than a car's warranty
31.01.2011, 23:22 | Real Estate | 949 views
Real estate developers offer as part of sales contracts for new homes warranties of up to two years for finishings, lower than when you purchase a car, although the life of a home is 50 years on average, and the investment in a home is much higher than in a car. Home buyers are on the other hand protected by the law on homes and on construction quality, under which responsibility for "hidden flaws" that emerge over the course of ten years from reception falls with the designers, the contractors and the suppliers of construction materials, so the original investor, that the apartment was originally bought from, is not held accountable. Read more on ZF.ro
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