Offer of warranty
- • withdrawal of contract offer
(1) A licensee that enters into a contract to construct a new residential structure or zero-lot-line dwelling shall make a written offer to the first purchaser or owner of the structure or dwelling of a warranty against defects in materials and workmanship for the structure or dwelling. The first purchaser or owner of the structure or dwelling may accept or refuse the offer of a warranty by the contractor. If a contractor makes the written offer of a warranty before the contractor and owner both sign a written construction contract and the owner refuses the offered warranty, the contractor may withdraw the offer to construct the structure or dwelling.
(2) Subsection (1) of this section does not apply to a residential structure that is a manufactured dwelling as defined in ORS 446.003 (Definitions for ORS 446.003 to 446.200 and 446.225 to 446.285 and ORS chapters 195, 196, 197, 215 and 227). [2007 c.648 §11]
Note: 701.320 (Offer of warranty) applies to new residential structures and zero-lot-line dwellings for which the contractor enters into a written construction contract on or after July 1, 2008. See section 30, chapter 648, Oregon Laws 2007.
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.