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Home > Terms > English, UK (UE) > Homeowner warranty
Homeowner warranty
The private insurance that protects a buyer against defects such as plumbing, heating, and electrical systems in the property he/she is purchasing. The period and coverage of the insurance varies widely, and both new and existing homes may often be insured.
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- Part of Speech: noun
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- Industry/Domain: Business services
- Category: Relocation
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