Contracts
What is a 'home warranty' program in Hawaii real estate and what does it typically cover?
AA. A government-required warranty on new home construction in Hawaii
BB. A private insurance product covering repair or replacement of major home systems and appliances for a specified period; sellers often offer them to attract buyers✓ Correct
CC. A warranty by the seller that the home is free of all defects
DD. A warranty program for new condominiums under Hawaii's Condominium Property Act
Explanation
Home warranty programs (offered by companies like American Home Shield, First American, etc.) cover repair or replacement of major home systems (HVAC, plumbing, electrical) and appliances during a specified coverage period.
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