
Warranty
Your Home Warranty with Maverick
1-Year
Workmanship & Materials Warranty
New Leaf is responsible for providing a 1-year workmanship & materials warranty. Covered components of a home that do not meet established Construction Performance Standards (as defined by NAHB) during the first year will be repaired, replaced or the homeowner paid the cost of the repair/replacement. Maverick provides surety type coverage and backs the New Leaf’s warranty for defects in workmanship and materials.
2-Year
Systems Warranty
New Leaf is responsible for providing a 2-year systems warranty. Covered components of a home that do not meet established Construction Performance Standards (as defined by NAHB) during the first year will be repaired, replaced or the homeowner paid the cost of the repair/replacement. Maverick provides surety type coverage and backs the New Leaf’s warranty for defects in the electrical, plumbing, heating, cooling, ventilating, and mechanical systems.
10-Year
Structural Warranty
Maverick is responsible for providing direct coverage from the day of closing for major structural defects. If a major structural defect occurs to a designated load bearing element of the home within the 10-year warranty term, it will be repaired, replaced, or paid for by Maverick.
