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American Construction & Education
Services, Inc., dba ACES Builders' Warranty, provides over 400 Texas
Home Builders a New Home Warranty for their buyers.
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History |
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The company was established in 1994 as the result of
Home Owners Warranty Company (HOW), the nation's largest new home warranty
company, being placed into receivership by the State of Virginia.
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Purpose |
The Greater Houston Builders Association
created ACES Builders' Warranty to provide Performance Standards for
new homes, define terms of a builder's warranty obligations to the home
buyer, establish a fair dispute resolution system and to inform home
buyer's of their rights under Texas law. The warranty document also assigns
responsibility for certain maintenance items of the home.
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Requirements |
The ACES Builders' Warranty is purchased by the builder
and provided the buyer at closing. The builder agrees to build to code,
regardless of whether the jurisdiction where the home is built requires
such, engage independent code certified inspectors during construction, is encouraged to maintain General Liability Insurance and agrees to settle any disputes
in the ACES Builders' Warranty defined Dispute Resolution System.
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Warranty |
The ACES Builders' Warranty provides clearly written
information on the builder's responsibilities during the first year of
the warranty, first and second year on certain mechanical systems and a
full 10 years on major structural integrity of the home. It is fully compliant with state standards and is a TRCC approved warranty company.
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Compliance |
ACES,
Inc. maintains the Performance Standards to incorporate current building
products and standards and ensures the warranty is in compliance with
Texas law. Counsel reviews it after each session of the Texas legislature
for legal correctness. ACES is TRCC approved!
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Disputes |
ACES acts as a third party in any dispute and provides
competent experts to assist in resolving disputes quickly without costly
court action. Both parties to the sale and purchase of the new home agree
to participate in the dispute resolution system when signing the contract
for the home.
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