Provides implied warranties for new home buyers in Illinois.
Provides that a housing merchant implied warranty is implied in the contract or agreement for the sale of a new home and shall survive the passing of title. A housing merchant implied warranty shall mean that one year from and after the warranty date the home will be free from defects due to a failure to have been constructed in a skillful manner; two years from and after the warranty date the plumbing, electrical, heating, cooling, and ventilation systems of the home will be free from defects due to a failure by the builder to have installed the systems in a skillful manner; and six years.
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