HOMEOWNER’S WARRANTY RETOTD Episode 00055
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An insurance policy covering the repair of systems and appliances within the home for the coverage period. Often purchased by home buyers that will cover repairs to certain items, such as heating or air conditioning, dishwasher and other items covered in the warranty purchased should they break down within the coverage period. The buyer often requests the seller to pay for this coverage as a condition of the sale, but either party can pay.