statutory warranty

What is the Minnesota New Construction 1-2-10 Warranty?

What is the Minnesota New Construction 1-2-10 Warranty?

According to Minnesota Statutes, when selling a new construction home, the building contractor must provide something called a 1-2-10 Warranty to the buyer. 1-2-10 refers to the fact that the warranty is broken down by one, two and ten year periods. Each time period covers a different part of the...