Warranty

1-year: We warrant that all materials are new and properly installed, and we return to inspect your home upon the 11th month anniversary of occupancy to address issues.

2-year: Limited Mechanical covering Electrical, Plumbing and HVAC systems;

10-Year: Extended warranty available upon request.

Ascot warrants unto Owner for one year from the issuance of Certificate of Compliance/Occupancy, Closing or taking of possession, whichever shall first occur, all structural components of the property described above against defects of workmanship and material (as defined by the NAHB Residential Construction Performance Guidelines Third Edition), except fixtures, appliances, or systems covered by a warranty of the manufacturer or dealer. This warranty also excludes any defects that were or should have been visible to a reasonable person upon inspection of the dwelling. If on or before one year from such date any structural components installed by the Contractor and not in any way modified, changed, altered, or abused by Owner, shall prove to be defective in workmanship or material, the Contractor will cause such structural components to be repaired or replaced.

All corrective work undertaken pursuant to this Warranty shall be performed by or under the jurisdiction and supervision of the Contractor herein. Contractor shall not be liable or responsible in any way for any corrective work performed by others or for the cost thereof. This Warranty does not extend to any appliances, fixtures or heating and air conditioning equipment or other such systems covered by a warranty of the manufacturer or dealer. In such cases, the Owner shall contact only such manufacturers or dealers to remedy any problem covered by such warranty, and not the Contractor herein. This Warranty is not transferable or assignable by the Owner.

THIS WARRANTY IS IN LIEU OF ANY OTHER WARRANTY, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTY OF HABITABILITY, IMPOSED UPON A BUILDER/VENDOR. THE CONTRACTOR’S OBLIGATION UNDER THIS WARRANTY SHALL BE LIMITED TO THE REPAIR OR REPLACEMENT OF ANY DEFECTIVE WORK OR MATERIAL, AND CONTRACTOR SHALL NOT BE LIABLE FOR ANY OTHER DAMAGE, INCLUDING ANY CONSEQUENTIAL DAMAGE DUE TO SUCH DEFECTS.

EXCLUSIONS TO AND CIRCUMSTANCES AND CONDITIONS UNDER WHICH WARRANTY DOES NOT APPLY

1. Cracks:
a. Concrete. Patios, walks and drives can develop cracks due to its character of expanding and contracting, or that of the soil on which it is laid. There is no known method for eliminating this condition. Concrete will also discolor. There is no way of controlling coloration.
b. Mortar. Cracks can develop in the mortar used in bonding bricks together. This is a normal condition due to shrinkage in either the mortar or the brick.
Note: Fireplace mortar is “green” and needs to be cured and tempered before being subjected to severe heat. Temper your fireplace with two or three small fires.
c. Sheetrock & Paneling. Shrinkage cracks can appear during “drying out” process of your home. This is normal, however homeowners must maintain an interior temperature of between 65 and 75 degrees.

2. Slab and Floor Covering:
Great care and attention is given to the forming, leveling and finishing of the concrete slab; however, due to the nature of concrete, minor variations in finish may appear after the floor covering has been installed. DE-ICERS USED ON CONCRETE SURFACES MAY CAUSE DISCOLORATION.

3. Floor level and squeaks:
Extensive research and writing on this subject concludes that much has been tried but little can be done about floor squeaks. Your return airflow will tend to minimize this condition, but an occasional squeak may still develop. Generally these will appear and disappear with changes in weather conditions. Subfloors will not have more than a 1/4 inch ridge or depression within any 32-inch measurement. Measurements should not be made at imperfections that are characteristic of the material used. This guideline does not cover transition points between different materials.

4. Oil Spots on Marble or Tile:
These materials are soft and will absorb oil, if it is allowed to stand and penetrate. The best protection is regular cleaning and care.

5. Brick Discoloration:
Brick may discolor due to the elements, rain run-off, weathering or its innate materials.
Should this occur, it may be cleaned wit a solution of vinegar and water (1 quart vinegar to 1 gallon water). Scrub with brush and rinse with cold water. Do not use acid without first checking with brick manufacturer.

6. Non-uniformity or appearance of antique (used) brick.

7. Broken or scratched glass.

8. Mirror defects:
Quality mirrors have been used. Possible defects such as waves in glass, scratches, silvering failure, would have been obvious on your pre-move-in inspection. Mirror silvering can be affected by steam and minute oil particles – take care not to touch the silver with cleaning compounds or oil.

9. Stained Woods/Decks:
Wood cabinets, paneling, doors, all have variations in wood grain. These variations cannot be controlled. Exterior wood stains with UV protectants have been applied but may fade with direct exposure to the sun. This is normal. Decks are assembled using treated pine. This is typically delivered with high moisture content and results in some shrinkage and warpage. There may also be some production of pine sap/resin. This is normal. Warranty will address anything considered a structural or safety concern.

10. Paint:
Good quality paint has been used internally and externally on your home, properly primed and finished. Color fastness under conditions of exposure to extreme sun and weather conditions cannot be maintained, although wood surfaces will still have protection of paint. Checks, cracks and peeling are common items due to causes other than the paint or its application (e.g. allowing lawn sprinklers to hit painted areas will greatly reduce the life expectancy of the painted areas involved; not keeping painted surfaces clean thereby aiding growth of fungi).

11. Chips, scratches or mars: in tile, woodwork, walls, porcelain, brick, mirrors, plumbing fixtures, scratches in glass or mirrors, etc., not recognized at the time of final inspection.

12. Spots on carpeting, if not recognized at the time of final inspection.

13. Erosion from Surface Water Drainage.

14. Service company meter problems, service lines installed by developer, municipality or service company and grading or sloping thereof.

15. Landscaping Warranty & Disclosure:
Landscaping, including trees, grass, shrubs and flowers are not covered by any warranty. Grading and Drainage are not covered by any warranty, nor will they be maintained or modified by builder or by seller after closing in any way whatsoever UNLESS the grading or drainage failed upon original installation to meet the applicable provision of the local Building Code. Buyer’s closing of the sale constitutes acceptance of the existing drainage and erosion controls of the Property except for matters noted on a Punch list. No warranty is made concerning items that may freeze if improperly maintained, operated or drained such as irrigation systems.

16. Any and all warranty requests must be filed in writing with The Ascot Corporation, LLC.  Via PO Box 1872, Southern Pines, NC 28388.  For end of warranty work requests, must be received during the eleventh month and no later than the end of the twelfth month since issuance of CO, occupancy of the home or closing, whichever occurred first.  Homeowners that cancel or postpone scheduled warranty work more than once, or beyond the thirteenth month effectively waive coverage.
MOST OF THE ABOVE ITEMS, IF NOT EXCLUSIONS, CONSTITUTE MAINTENANCE AND ARE NOT COVERED UNDER ANY WARRANTY ISSUED BY THE CONTRACTOR, INCLUDING BUT NOT LIMITED TO THOSE REQUIRED BY FHA, VA, CONVENTIONAL FINANCING, OR OTHER LENDERS’ REQUIREMENTS.
[Structural components referred to on the front hereof, or page one are defined as follows: Foundation, concrete slab floor, exterior wall framing, brick, interior wall framing and roof structures].