Return to flip book view
6FDQ KHUH WRYLHZ0DLQWHQDQFH 7LSV IRU RXUQHZKRPH QBW s Premier Protection Plan Covers Your Home For 10 Years 0 7 55 17
LUGHUV LQWHOVRWKHUWKDQOLQWHOVVXSSRUWLQJ YHQHHUV DPSOHVRIQRQORDGEHDULQJHOHPHQWVZKLFKDUHnot FRQVLGHUHGPDMRUVWUXFWXUDOVHJPHQWVLQFOXGHEXW DUHQRWOLPLWHGWR ULFNVWXFFRRUVWRQH YHQHHU LQLVKIORRULQJPDWHULDODQGIORRU FRYHULQJV 3ODVWHUODWKHVRU GU ZDOO DOOWLOHRUSDSHUDQGRWKHU ZDOOFRYHULQJV 1RQORDGEHDULQJSDUWLWLRQVDQG ZDOOV RRUVZLQGRZVWULPFDELQHWVKDUGZDUHLQVXODWLRQSDLQW VWDLQV SSOLDQFHVIL WXUHVRULWHPVRI HTXLSPHQW HDWLQJFRROLQJYHQWLODWLQJSOXPELQJHOHFWULFDODQGPHFKDQLFDO V VWHPV 5RRIVKLQJOHVWDUSDSHUDOOVKHDWKLQJDQGRWKHUVXUIDFLQJ PDWHULDO Q W SHRIH WHULRU VLGLQJ RQFUHWH IORRUV HFNVDQG SRUFKHV DWHUVHHSDJHLQEDVHPHQWRUFUDZOVSDFHDIWHUWKHILUVW HDURI FRYHUDJH 6RLO 0RYHPHQW 6XEVLGHQFH H SDQVLRQ HURVLRQ ODWHUDO RU DQ RWKHU PRYHPHQW RI WKH VRLO EXW H FOXGLQJ IORRGVDQG HDUWKTXDNHV L WXUHV SSOLDQFHV DQG TXLSPHQW DWHU KHDWHUV SXPSV UHIULJHUDWRUV FRPSDFWRUV JDUEDJH GLVSRVDOV VWRYHV UDQJHV GLVKZDVKHUV ZDVKHUV GU HUV EDWKWXEV VLQNV FRPPRGHV IDXFHWV DQG YDOYHV OLJKWV DQG IL WXUHV VZLWFKHV RXWOHWV FLUFXLW EUHDNHUV WKHUPRVWDWV IXUQDFHV DQG RLO WDQNV KXPLGLILHUV RLO SXULILHUV YHQWLODWLQJIDQVDLUFRQGLWLRQLQJPDWHULDODQGVLPLODU LWHPV OHFWULFDO 6 VWHP OO ZLULQJ HOHFWULFDO ER HV DQG FRQQHFWLRQV XS WR WKH SXEOLF XWLOLW FRQQHFWLRQ 3OXPELQJ6 VWHP OOSLSHVVXSSO DQGZDVWHDQGWKHLUILWWLQJVLQFOXGLQJVHSWLFWDQNVDQGWKHLUSLSHGUDLQ ILHOGVRQVLWHZHOOV DVZHOODVJDVVXSSO OLQHVDQGYHQW SLSHV RROLQJ 9HQWLODWLQJ DQG HDWLQJ 6 VWHPV OO GXFWZRUN UHIULJHUDQW OLQHV VWHDP DQG ZDWHU SLSHV UHJLVWHUV FRQYHFWRUVDQG GDPSHUV OO FOXVLRQV Q DGGLWLRQ WR WKH QRQORDG EHDULQJ HOHPHQWV H FHSWHG IURP WKH GHILQLWLRQ RI 0DMRU 6WUXFWXUDO HIHFWV WKH IROORZLQJ GDPDJHVORVVHVGHILFLHQFLHVRUGHIHFWVDUHQRWFRYHUHGE WKLV JUHHPHQWLQDGGLWLRQWRWKRVHQDPHGRQWKH QUROOPHQW RUPRIWKLV JUHHPHQW DPDJHV RU ORVVHV QRW FDXVHG RU FUHDWHG E WKH XLOGHU RU LWV HPSOR HHV DJHQWV RU VXEFRQWUDFWRUV EXW UHVXOWLQJ IURP DFFLGHQWV ULRWV FLYLO FRPPRWLRQ DFWV RI RG RU QDWXUH LQFOXGLQJ EXW QRW OLPLWHG WR ILUH H SORVLRQ VPRNH ZDWHU HVFDSH FKDQJHV LQ WKH XQGHUJURXQG ZDWHU WDEOH XQGHUJURXQG VSULQJV HWF ZLQG VWRUPV KDLO OLJKWQLQJ IDOOHQ WUHHV DLUFUDIW YHKLFOHV IORRGV HDUWKTXDNHV PXGVOLGHV ZLQG GULYHQ ZDWHU UHIOHFWLRQRIWKHVXQRUYROFDQLF HUXSWLRQV Q GHILFLHQFLHVLQRUGDPDJHFDXVHGE PDWHULDORUZRUNVXSSOLHGE DQ RQHRWKHUWKDQWKH XLOGHURULWV HPSOR HHVDJHQWVRU VXEFRQWUDFWRUV RVVRUGDPDJHUHVXOWLQJIURPWKH3XUFKDVHU VIDLOXUHWRPLQLPL HVXFKORVVRUGDPDJHRUWRQRWLI XLOGHU RU4 RUWKH QVXUHUDVSURYLGHG KHUHLQ 1RUPDOGHWHULRUDWLRQRUQRUPDOZHDUDQG WHDU RVVHV RU GDPDJHV WR RU UHVXOWLQJ IURP GHIHFWV LQ LPSURYHPHQWV ZKLFK DUH QRW SDUW RI WKH KRXVH GHIHFWV LQ RXWEXLOGLQJV VXFK DV GHWDFKHG JDUDJHV DQG FDUSRUWV VZLPPLQJ SRROV GHWDFKHG UHFUHDWLRQDO EXLOGLQJV DQG IDFLOLWLHV GHIHFWV LQ GULYHZD V ZDONZD V VWUHHWV VWUHHW FUHHS SDWLRV GHFNV ERXQGDU DQG UHWDLQLQJ ZDOOV EXONKHDGV IHQFHV ODZQ VSULQNOHULUULJDWLRQ V VWHPV DQG ODQGVFDSLQJ RI DOO W SHV LQFOXGLQJ GDPDJH WR WUHHV HWFGXULQJWKHFRXUVHRIFRQVWUXFWLRQ UHQFKGUDLQVVLQNKROHVDQGGU URW 6RLO0RYHPHQWLQFOXGLQJVXEVLGHQFHH SDQVLRQRUODWHUDOPRYHPHQWRIWKHVRLOZKLFKLVFRYHUHGE DQ RWKHU LQVXUDQFH RU IRU ZKLFK FRPSHQVDWLRQ LV JUDQWHG E OHJLVODWLRQ RU SXEOLF IXQGV Q ORVV RU GDPDJH FDXVHGE EXULHGGHEULVRURWKHUFRQGLWLRQVZKLFKZHUHQRWUHDVRQDEO IRUHVHHDEOHRQDEXLOGLQJVLWH Q GDPDJHUHVXOWLQJIURPDQ GHIHFWZKLFKLVFRYHUHGE DQ RWKHULQVXUDQFHRUIRUZKLFKUHFRYHU LVJUDQWHG E OHJLVODWLRQRUSXEOLF IXQGV ROORZLQJ HDURQHORVVRUGDPDJHUHVXOWLQJWRRUIURPVWDLUVFRQFUHWHIORRUVRIEDVHPHQWVDWWDFKHGJDUDJHV DQGFKLPQH VDQGRWKHUVWUXFWXUDOHOHPHQWVRIWKHKRPHWKDWDUHQRWSDUWRIWKHORDGEHDULQJVWUXFWXUHRIWKH KRPH OVRH FOXGHGDIWHU HDURQHDUHORVVHVRUGDPDJHVUHVXOWLQJWRRUIURPDOOFRPSRQHQWV RI VWUXFWXUDOO DWWDFKHG GHFNV EDOFRQLHV SDWLRV SRUFKHV SRUFK URRIV SRUWLFRV DQG WUXVV XSOLIW Q ORVVRUGHIHFWZKLFKDULVHVZKHQWKHKRPHLVXVHGIRUQRQUHVLGHQWLDOSXUSRVHV RVVHVUHVXOWLQJIURPGDPDJHVWRUHDOSURSHUW RWKHUWKDQWRWKHKRPH LWVHOI DPDJHFDXVHGE LQVHFWVVTXLUUHOVRURWKHUDQLPDOVRU URGHQWV RVV RU GDPDJH UHVXOWLQJ IURP RU DJJUDYDWHG E FKDQJHV WR WKH UHDO SURSHUW E DQ RQH Q FODLPUHSRUWHGWR4 DIWHUDQXQUHDVRQDEOHGHOD RUODWHUWKDQWKLUW GD VDIWHUWKHH SLUDWLRQRI WKLVZDUUDQW RQWKDWLWHPRUQRWILOHGLQWKHPDQQHUVHWIRUWKLQWKLV LPLWHG DUUDQW JUHHPHQW 0 RVVRUGDPDJHUHVXOWLQJIURPRUDJJUDYDWHGE RURFFXUULQJWRPRGLILFDWLRQVRUDGGLWLRQVWRWKHKRPH PDGHDIWHURFFXSDQF RWKHUWKDQWKRVHSHUIRUPHGWRPHHWWKHREOLJDWLRQVRIWKLV JUHHPHQW 1 3HUVRQDOSURSHUW GDPDJHRUERGLO LQMXU RUSXQLWLYHGDPDJHVDQGRUOHJDO IHHV 2 RVVRUGDPDJHUHVXOWLQJ IURPIDLOXUHWRPDLQWDLQSURSHUKXPLGLW OHYHOVLQWKHKRPHRUDJJUDYDWHGE GDPSQHVVRUFRQGHQVDWLRQFDXVHGE WKH3XUFKDVHUQRWPDLQWDLQLQJSURSHU YHQWLODWLRQ 3 OO FRQVHTXHQWLDO GDPDJHV LQFOXGLQJ EXW QRW OLPLWHG WR FRVWV RI VKHOWHU WUDQVSRUWDWLRQ IRRG PRYLQJ VWRUDJH RURWKHULQFLGHQWDOH SHQVHVUHODWHGWRUHORFDWLRQGXULQJUHSDLU FOXGHGFRQVHTXHQWLDOGDPDJHDOVRLQFOXGH GDPDJH UHVXOWLQJ IURP QRQFRYHUHG RU H SLUHG LWHPV VXFK DV ZRRG URW IURPZDWHU LQILOWUDWLRQ UHSRUWHG WR 4 DIWHU HDU RQH 4 Q GHIHFWZKLFKGRHVQRWUHVXOWLQDFWXDOSK VLFDOGDPDJHWRWKH KRPH 5 Q GHIHFW GDPDJH RU ORVV ZKLFK LV FDXVHG RU DJJUDYDWHG E IDLOXUH RI DQ RQH RWKHU WKDQ WKH XLOGHU LWV DJHQWV HPSOR HHV RU VXEFRQWUDFWRUV WR FRPSO ZLWK WKH PDQXIDFWXUHU V ZDUUDQW UHTXLUHPHQWV FRQFHUQLQJ DSSOLDQFHVIL WXUHVRUHTXLSPHQW 6 DLOXUHRIWKH XLOGHUWRFRPSOHWHFRQVWUXFWLRQRIWKHKRPHRUDQ SDUWRIWKHKRPHRQRUEHIRUHWKH HIIHFWLYHGDWH QLQFRPSOHWHLWHPLVQRWFRQVLGHUHGD GHIHFW 7 RVVRUGDPDJHUHVXOWLQJIURPWR LFRUFDUFLQRJHQLFRUVXVSHFWHGFDUFLQRJHQLFIXPHVRUVXEVWDQFHVVXFK DVEXWQRWOLPLWHGWRDFLGVLQWKHVRLOUDGRQUDGRQJDVUDGRQGDXJKWHUVRU PROG 8 DWHULQILOWUDWLRQ LQWRDEDVHPHQWRUFUDZOVSDFHDIWHU HDU RQH 9 RVVRUGDPDJHUHVXOWLQJIURPRUDJJUDYDWHGE QHJOLJHQWPDLQWHQDQFHRU RSHUDWLRQ Q ORVVRUGDPDJHUHVXOWLQJIURPWKHZHLJKWDQGRUSHUIRUPDQFHRIDQ W SHRIZDWHUEHGRURWKHUIXUQLWXUH H FHVVLYHLQZHLJKWRURWKHUDEQRUPDOORDGLQJRI IORRUV Q ORVVRUGDPDJHUHVXOWLQJIURPDORVVLQWKHZDWHUVXSSO RUSRWDELOLW RUFODULW RIZDWHU VXSSO 6RODUSDQHOV VWHPVRUWKHLULQVWDOODWLRQRU RSHUDWLRQ 6WDQGLQJRUSRQGLQJZDWHURQWKHSURSHUW ZKLFKGRHV QRWGLUHFWO DIIHFWWKHLPPHGLDWHDUHDVXUURXQGLQJ WKHIRXQGDWLRQRIWKH KRPH ROORZLQJWKHILUVW HDURIWKLV JUHHPHQWDQ GHILFLHQFLHVLQ WKHLQVWDOODWLRQRIIL WXUHVDSSOLDQFHVDQGLWHPV RIHTXLSPHQWZKHWKHURUQRWFRPSRQHQWVRIWKHFRROLQJ YHQWLODWLQJKHDWLQJHOHFWULFDOSOXPELQJRULQKRXVH VSULQNOHU V VWHPV RYHUDJH IRU IL WXUHV DSSOLDQFHV DQG LWHPV RI HTXLSPHQW LQFOXGLQJ DWWDFKPHQWV DQG DSSXUWHQDQFHV LV OLPLWHG WR WKH PDQXIDFWXUHU V ZULWWHQ ZDUUDQW SHULRG XQOHVV RWKHUZLVH VWDWHG LQ WKH DUUDQW 6WDQGDUGV 7KH XLOGHU KHUHE DVVLJQV WR RX DQ ULJKWV RI WKH XLOGHU XQGHU WKH PDQXIDFWXUHU V ZDUUDQWLHV DPDJHFDXVHGE LPSURSHUPDLQWHQDQFHRURSHUDWLRQQHJOLJHQFHRULPSURSHUVHUYLFHRIVXFK V VWHPVE WKH3XUFKDVHURULWVDJHQWVZLOOQRWEHFRYHUHGE WKLV JUHHPHQW RVVRUGDPDJHUHVXOWLQJIURPDFRQGLWLRQQRWUHVXOWLQJLQDFWXDOSK VLFDOGDPDJHWRWKHKRPHLQFOXGLQJXQ LQKDELWDELOLW RU KHDOWK ULVN GXH WR WKH SUHVHQFH RU FRQVHTXHQFHV RI XQDFFHSWDEOH OHYHOV RI UDGRQ IRUPDOGHK GHFDUFLQRJHQLF VXEVWDQFHV RU RWKHU SROOXWDQWV DQG FRQWDPLQDQWV RU WKH SUHVHQFH RI KD DUGRXV RU WR LF PDWHULDOV RVVRUGDPDJHFDXVHGGLUHFWO RULQGLUHFWO E IORRGVXUIDFHZDWHUZDYHVWLGDOZDWHURYHUIORZRIDERG RIZDWHURUVSUD IURPDQ RIWKHVHZKHWKHURUQRWGULYHQE WKHZLQG ZDWHUZKLFKEDFNVXSIURPVHZHUV RUGUDLQVFKDQJHVLQWKHZDWHUWDEOHZKLFKZHUHQRWUHDVRQDEO IRUHVHHDEOHRUZDWHUEHORZWKHVXUIDFHRI WKHJURXQGLQFOXGLQJZDWHUZKLFKH HUWVSUHVVXUHRQRUVHHSVRUOHDNVWKURXJKDEXLOGLQJVLGHZDONGULYHZD IRXQGDWLRQVZLPPLQJSRRORURWKHUVWUXFWXUH ZHWODQGVVSULQJVRUDTXLIHUV 9LRODWLRQVRIDSSOLFDEOHEXLOGLQJFRGHVRURUGLQDQFHVRULJLQDOGZHOOLQJSODQVDQGVSHFLILFDWLRQV 6RLOHURVLRQVDQGUXQRIIFDXVHGE IDLOXUHRIWKH3XUFKDVHUWRPDLQWDLQWKHSURSHUW HVWDEOLVKHGJUDGHV GUDLQDJHVWUXFWXUHVDQGVZDOHVVWDELOL HGVRLOVRGGHGVHHGHGDQGODQGVFDSHGDUHD Q GHIHFWVFDXVHGE RUUHVXOWLQJIURPLPSURSHUGHVLJQRIWKH KRPH Q VWRUPZDWHURUVRLOHURVLRQVHGLPHQWDWLRQFRQWUROUHTXLUHPHQWVWKDWDUHDSSURYHG SUHYLRXVO E WKHORFDO JRYHUQLQJMXULVGLFWLRQIRUGHYHORSPHQW Q JODVVEUHDNDJHRUIDLOXUHRI XLOGHUWRSHUIRUPDQ W SHRIFOHDQXS 9LRODWLRQVRIORFDORU1DWLRQDO XLOGLQJ RGHVDQG 2UGLQDQFHV RVVRUGDPDJHFDXVHGE RUWRURRIVKHDWKLQJDIWHURQH HDUIURPWKHHIIHFWLYHGDWHRI ZDUUDQW 6LQFHWKLVZDUUDQW FRYHUVRQO WKRVHGHIHFWVZKLFKILUVWRFFXUGXULQJWKH DUUDQW 7HUPDQ KRPHRZQHU DFNQRZOHGJHGSUHH LVWLQJFRQGLWLRQVVXFKDV ZDONWKURXJK RU SXQFKOLVW LWHPVDUHQRWFRYHUHG 7KH UHPRYDO DQG RU UHSODFHPHQW RI LWHPV QRW RULJLQDOO LQVWDOOHG E WKH XLOGHU ZKHUH UHPRYDO DQG UHSODFHPHQWDUHUHTXLUHGWRUHSDLUD GHIHFW
9 HQHUDO7HUPVDQG RQGLWLRQV5LJKWVDQG 5HVSRQVLELOLWLHV RYHUDJH 3URYLGHG 7KLV JUHHPHQW SURYLGHV WKH IROORZLQJ SURWHFWLRQ HIIHFWLYH DV RI WKH GDWH RQ WKH QUROOPHQW RUP XULQJWKHILUVW HDURIWKLV JUHHPHQWDQGVXEMHFWWRWKHWHUPVDQGFRQGLWLRQVOLVWHGKHUHLQ RXU XLOGHU ZDUUDQWV RXUKRPHDJDLQVWIDXOW ZRUNPDQVKLSDQGPDWHULDOVGHIHFWVLQ WKHLQVWDOODWLRQRIDSSOLDQFHV IL WXUHVDQGHTXLSPHQWGHIHFWVLQZLULQJSLSLQJDQGGXFWZRUNLQWKHHOHFWULFDOSOXPELQJKHDWLQJFRROLQJ YHQWLODWLQJ DQG PHFKDQLFDO V VWHPV DQG 0DMRU 6WUXFWXUDO HIHFWV VHH HILQLWLRQV 6HFWLRQ OO GXH WR QRQFRPSOLDQFHZLWKWKH DUUDQW 6WDQGDUGV XULQJ WKH VHFRQG HDU RI WKLV JUHHPHQW DQG VXEMHFW WR WKH WHUPV DQG FRQGLWLRQV OLVWHG KHUHLQ RXU XLOGHU ZDUUDQWV WKDW WKH LQVWDOODWLRQ RI RXU KRPH V FRROLQJ KHDWLQJ DQG YHQWLODWLQJ HOHFWULFDO DQG SOXPELQJV VWHPVH FOXVLYHRI WKHLQVWDOODWLRQRIDSSOLDQFHVIL WXUHVDQGHTXLSPHQW FRYHUDJHLVRQH HDU ZLOO EH IUHH IURP GHIHFWV GXH WR QRQFRPSOLDQFH ZLWK WKH DUUDQW 6WDQGDUGV VHW IRUWK LQ6HFWLRQ9RI WKLVGRFXPHQW
9 DUUDQW 6WDQGDUGV 7KHDSSOLFDELOLW RIWKHVH DUUDQW 6WDQGDUGVLVFRQGLWLRQHG XSRQWKH3XUFKDVHU VSURSHUPDLQWHQDQFHRIWKH KRPHWRSUHYHQWGDPDJHGXHWRQHJOHFWDEQRUPDOXVHRULPSURSHUPDLQWHQDQFH RPPRQHOHPHQWVZLOOEH FRYHUHGIRUWKHVDPHSHULRGVDQGWRWKHVDPHH WHQWDVFRPSDUDEOHLWHPVZKLFKDUHSDUWRILQGLYLGXDO KRPHV 7KH DSSOLFDELOLW RI WKHVH DUUDQW 6WDQGDUGV LV FRQGLWLRQHG XSRQ WKH IDFW WKDW RXU KRPH LV FRQVWUXFWHG LQ FRPSOLDQFH ZLWK WKH ORFDO EXLOGLQJ FRGHV DV ZHOO DV RQH RI HDFK JURXS RI WKH IROORZLQJ PRGHO FRGHV RU WKH 0LQLPXP 3URSHUW 6WDQGDUGV RI WKH 86 HSDUWPHQWRI RXVLQJ DQG 8UEDQ HYHORSPHQW QWHUQDWLRQDO XLOGLQJ RGH QWHUQDWLRQDO5HVLGHQWLDO RGH 2QHDQG7ZR DPLO ZHOOLQJ RGH 2 DVLF XLOGLQJ RGH 6WDQGDUG XLOGLQJ RGH6RXWKHUQ XLOGLQJ RGH RQJUHVV 8QLIRUP XLOGLQJ RGH 1DWLRQDO XLOGLQJ RGH QWHUQDWLRQDO0HFKDQLFDO RGH 2 DVLF0HFKDQLFDO RGH 8QLIRUP XLOGLQJ RGH9ROXPH0HFKDQLFDO 6WDQGDUG0HFKDQLFDO RGH6RXWKHUQ XLOGLQJ RGH RQJUHVV OHFWULFDO RGHIRU2QHDQG7ZR DPLO ZHOOLQJ 1DWLRQDO OHFWULFDO RGH QWHUQDWLRQDO3OXPELQJ RGHV 2 DVLF3OXPELQJ RGH 8QLIRUP3OXPELQJ RGH 6WDQGDUG3OXPELQJ RGH6RXWKHUQ XLOGLQJ RGH RQJUHVV 7KH GHVFULSWLRQ EHORZ HVWDEOLVKHV WKH VWDQGDUGV E ZKLFK LWZLOOEH GHWHUPLQHG ZKHWKHU RXU KRPH KDV D SUREOHP RU GHIHFW FRYHUHG E WKLV ZDUUDQW DQG ZKHWKHU LW LV WKH REOLJDWLRQ RI RXU XLOGHU 4 RU LWV QVXUHU WR FRUUHFW WKHVH GHIHFWV KHUH VSHFLILF VWDQGDUGV DQG REOLJDWLRQV DUH QRW VHW IRUWK WKH VWDQGDUGVVKDOOEHWKH JHQHUDOO DFFHSWHGLQGXVWU SUDFWLFHIRUZRUNPDQVKLSDQG PDWHULDOV 55 17
RYHUDJHIRU
RRUSDQHO VKULQNDJH RYHUDJHIRU
RYHUDJHIRU
RYHUDJHIRU
SODFHVDWLPHSHULRGRQSHUIRUPDQFHWKHWLPHDOORZHGZLOOEHPHDVXUHGIURPWKHGDWH4 UHFHLYHV RXU DFFHSWDQFHRIWKHGHFLVLRQ6L W GD V ZLOOEHWKHVWDQGDUGWLPHIRUFRPSOLDQFHZHDWKHUFRQGLWLRQV SHUPLWWLQJ 5HMHFWLRQ I RX GHFLGH WR UHMHFW WKH GHFLVLRQ RXU XLOGHU RU4 LV XQGHU QR REOLJDWLRQ WR SHUIRUP 5LJKWRI FFHVV