Tomie Raines Home Warranty www.tomieraines.com
Transcription
Tomie Raines Home Warranty www.tomieraines.com
BASE SE T CO E INSIDE VERA F GE A OR DETA ND A ND ILS R E 2 Y EAR GARDING OF E XTEN ... DED CO MEN VERA Tomie Raines Home Warranty www.tomieraines.com GE The Tomie Raines Home Warranty A Superior Home Protection Plan With Unmatched Coverage and Features • Basement Coverage Included* • Guaranteed Claim Coverage with Inspection Report* • Some Homes Qualify for a Free Second Year of Coverage for Roof, Plumbing, Furnace and Electrical* Tomie Raines Home Warranty, LLC offers a comprehensive home protection plan better than any in the industry. No one offers basement coverage, guaranteed claim coverage with submittal of an inspection report, or a second year of free coverage for your home’s major systems if your home qualifies. In addition you can upgrade coverage to include above and below ground swimming pools and much more. Home sellers can receive seller coverage ENTIRELY FREE and purchase buyer coverage only if the house sells. The fee will be deducted directly from the proceeds without any inconvenience or up-front costs. A Home WArrAnty mAkes sense For BotH Buyers And sellers • The National Home Warranty Association has reported that, on average, warranted homes sell 50% faster than unwarranted homes. • Gallup Poll reports 8 of 10 buyers prefer a home with a warranty and it will make a home stand out from the competition. • According to Business Week warranted homes are perceived as a safer investment and on average sell for up to 3% more than unwarranted homes. • Home Warranties reduce the likelihood that a buyer experiencing an unforeseen but covered problem will resort to mediation or litigation. • A single call to 877-816-0807 will bring a skilled repair technician to your door. * Please read the Service Contract carefully because terms and conditions apply. t ______ Standard Service Contract $389 / $95 deductible per service item ______ Gold Service Contract $475 / $75 deductible per service item. Plus one optional coverage ______ Clothes Washer & Dryer Coverage $75 item. (Must be selected in advance) ______ Water Softener Coverage $75 ______ Swimming Pool Coverage $100 ______ Platinum Service Contract $525 / $75 deductible per service item. Plus two optional coverage items. (Must be selected in advance) ______ Deluxe Plumbing & Electrical Upgrade $75 ______ Total Contract Cost Mail checks to Gold Shield Home Protection PO BOX 758 Washington, MI 48094-0758 Terms of Coverage SERVICE CONTRACT TERMS 1. Service will be dispatched within 48 hours of request. In the event of a heating emergency Company will pay up to $65 per night (maximum 3 nights) for hotel accommodations. A receipt will be required for reimbursement. 2. This Service Contract is transferable for a $25 fee. TomieShield RainesHome Home Warranty, 3. Gold Protection,LLC Inc. (“Company”) will not reimburse for services performed without Company authorization or for claims called in after contract expiration. 4. This Service Contract will automatically terminate for non-payment of Service Contract fees or deductibles; or for fraud and/or misrepresentation of facts material to the issuance of this Service Contract. 5. Company shall have the sole discretion for repair type or replacement on service call item. 6. The seller and buyer will assign all unexpired warranties or guarantees received in connection with the purchase of any covered items to the Company. The seller and buyer will use their best efforts to enforce any unexpired, non-assignable warranties and guarantees at Company’s request. 7. Company will NOT cover any items already covered in a homeowner’s insurance policy. Documentation from your insurance company may be requested. 8. Each contract is limited to an aggregate liability of $30,000. Company’s Maximum Aggregate Liability is $2000 per system. 9. This is a limited Service Contract and may not cover all systems and/or items found in the home. If a system and/or items are not listed as covered then they are NOT COVERED. 10. The maximum Company liability on many items is NOT enough for replacement cost. Replacements will only be done if specifically stated in this Service Contract or if the maximum liability amount is enough to cover replacement of that item. 11. This Service Contract covers only those parts of mechanical systems which: Are located in a single family residence and/or condominium unit; are in place, operative and located within the main perimeter of the main foundation of the home on the effective date of this contract; are not located in rooms or buildings used for commercial or business purposes. 12. Company is not responsible for repairs or replacements required as a result of missing parts, fire, explosion or other casualty, whether or not insured by homeowner, war, terrorism, flood, smoke, water damage, lightning, freeze, earthquake, theft, storms, accidents, vandalism, code violations, improper installation, acts of God, accidental damage, negligence and misuse. This Service Contract is intended for mechanical / component failures only. 13. This contract does not cover pre-existing conditions. Pre-existing conditions shall be defined as any defect that is discovered within 14 days of occupying the home or failure on the first attempt. Items rated Satisfactory on a Company inspection form are exempt for being defined as pre-existing. 14. Company will not upgrade equipment or improve due to lack of capacity or failure to meet city, state, federal, or utility regulations or upgrades required by law including, but not limited to, permits. 15. Company is not liable for consequential, incidental or secondary damage. 16. Services involving toxic material, lead-based paint, mold, or asbestos are not covered. 17. When it is necessary to open floors, walls or ceilings to make plumbing and or electrical repairs, the Company will restore them to a primed finish. 18. All replacements will be made with comparable materials and with standard makes and models. Appliance color is not guaranteed on replacements. 19. ARBITRATION CLAUSE: Any dispute arising under this agreement shall be submitted for binding arbitration under the auspices of the American Arbitration Association’s local office. Each party shall pay for its own representative and shall bear arbitration costs equally. The arbitrator’s award shall be final and binding and may be enforced by any Court of Law. 20. Second year of coverage is limited to the following systems and must be inspected by ASHI of AHIT certified inspector. Each systems must qualify (see below) for coverage. One or all systems may be eliminated from coverage. Central Heating System: Unit must be less than 10 years old (Inspector may have to make an educated guess as to the age). Unit must be operable with no major problems. Roof Covering: Roof must have no more than 2 layers, must be 10 or less years in age (Inspector may have to make an educated guess as to the age). Ventilation and roof covering must be in good working order. Electrical System: System must be operable with no code violations, or major issues. System must have circuit breakers. Plumbing System: System can not contain any galvanized plumbing. System must be in good working order with no leaks or evidence of leaks. DISCLOSURE delivered in partnership withYour Goldreal Shield Home Protection, not an insurance policy. Your real estate broker may paid an ad-of DISCLOSURE This This isisaaservice Servicecontract Contract not an insurance policy. estate broker may be Inc. paidand an is administrative fee for the processing of this order, thebe advertising ministrative forthe theinspection processingofofthe thispremises. order, the advertising of this and the inspection of the premises. a Home Protection Plan is optional there may this product,fee and The purchase of a product, Home Protection Plan is optional and there The maypurchase be other of Home Protection Plans available for and purchase. Yoube other Home Protection Plansany available purchase. Youthat aremay free be to shop and select any Home Protection Plancontract that mayisbeinterrupted available. because If performance of the servicestoppage contractatis the interrupted are free to shop and select Home for Protection Plan available. If performance of the service of a strike or work because of a strike stoppage at the Company’s of business, theshall effective period offor thethe service contract shall be for the period of the strike or work stoppage. Company’s place or of work business, the effective period of place the service contract be extended period of the strike orextended work stoppage. SELLER INFORMATION (Required for Seller Coverage Only) Seller and Buyer Coverage NOT COVERED: Speaker and intercom systems, audio/video/computer cable and wiring, telephone wiring, power surge or failure, inadequate wiring capacity, direct current (D.C.) wiring or components and/or low voltage systems including relays and COVERED: Hot water heat system (steam heat must have a low water cut-off valve wiring, circuit overload. Seller NOT COVERED for fixtures, alarms, door bells, central Seller represents that all the covered items are in good working condition. Items that are not in good working condition at the time of listing will NOT be covered. Please list any and the boiler must have an automatic water feed). Also covered are baseboard convecvacuum systems, and garage door opener. items that are not in good working condition and/or defective:_____________________________________________________________________________________________ tors andagrees ducted systems meteringto devices thermal Seller tocentral and/or heating authorizes brokerwhich and/orinclude: home inspector release(e.g. a copy of the Seller’s Disclosure Statement, Listing Agreement, and any Pre-Inspection Reports to 4. STOPPAGE COVERAGE expansion valves); furnace; transition; evaporator coils and drain lines; air validate information. Sellerfurnace understands that this is a limited service agreement and has readCOVERED: the list of covered items (on the backand of this form) and the Terms of Coverage. Seller Clearing of vent, drain, sewer lines. understands to the following: a) listing coverage is free to the seller(s) b) Seller(s) are contractually to damaged, purchase this Home Protection Plan at closing handling unit;and airmutually handling agrees transition; secondary drain pan and lines; and refrigerant NOT COVERED: Stoppagesobligated caused by collapsed, or broken vent, drain, or if property months of sellerdetermines coverage. that Seller coveragea for the listing period starts the date themain application is received and accepteddue by Gold Shield Homeor sewer lines outside of the foundation of home, stoppages to foreign objects lines. Whencloses Tomiewithin Raines18Home Warranty upgrading heating systemand sale Protection, Inc. and continues until the expiration of the initial listing period (up to 180 days)roots, or until close of saleor or broken listing cancellation (whichever is first).by roots, even if within lines infiltrated by roots, or otherwise stopped is required to maintain compatibility with equipment manufactured to be 13 SEER main foundation of home, septic tanks, sewage ejector pumps, leach beds, tile fields. (Seasonal Energy Efficiency Ratio) and 7.7 HSPF (Heating Seasonal Performance ______________________________________________________ _____________________________________________________ 1. CENTRAL HEATINGExpiration SYSTEM (Electric, Gas, or Oil) (Limit 2Name units)(please print)____________________________________, ____________________________________ List Date _____________ Date _____________Seller(s) Seller Signature Seller Factor) compliant, or compliant with higher SEER or HSPF requirements, anySignature of the 5. WATER HEATER (Up to 80 Gallons - Gas or Electric) forgoing covered components as well as plenum, indoor electrical, and duct connectors COVERED: All parts and components of gas or electric units only. BUYER INFORMATION (Required at Settlement) are also covered. NOT COVERED: Oil hot water tanks, solar water heaters and components, noise, NOT COVERED: All parts and components relating to geothermal, water source heat ancillary holding________________________________Buyer or storage tanks, flues and vents, Fuel storageagrees tank and energy conSettlement Date ______________ Buyer(s) Name (please print) __________________________________, to and/or pumps including: or underground piping, forSeller’s geothermal and/orStatement, servation unit, thermal expansion tanks, instant hot watertodispensers. Rusted out tanks authorizes broker outside and/or home inspector to releasecomponents a copy of the Disclosure Buy and Sell Agreement, and any Inspection Reports validate information. water heat pumps, fuel baseboard casings, portable units, solar leaking to rust. Buyersource understands that this is astorage limitedtanks, service agreement and has read the list of covered items (on due the back of this form) and the Terms of Coverage. Buyer represents that all the coveredsystems, items areradiators, in good working condition. Items that are not in goodthermostats, working condition at6.time of settlement will NOT be covered. Buyer’s coverage begins on settlement date heating ductwork, portable or thru-wall units, digital KITCHEN RANGE/OVEN/COOKTOPS (Gas or Electric) year. Please listtimers, any items thatheat are not in good condition and/or defective: and continues forand thekey termvalves, of oneregisters, filters, fireplaces grills, clocks, lamps, fluesworking and COVERED: All parts and components except; vents, improperly sized heating systems, pellet stoves, chimneys, cable heat (in ceilNOT COVERED: Meat probe assemblies, clocks (unless they affect the function of ________________________________________________________________________________________________________________________________________________ ing), wood stoves (even if only source of heating), systems with improperly matched oven), racks, knobs, handles, rotisseries, sensi-heat burners will be replaced only by _____________________________________________________ _____________________________________________________ condensing unit and evaporative coil per manufacturer’s specifications, improper use of standard burners Buyer Signature Buyer Signature metering devices (I.e. thermal expansion valves). COMPANY MAXIMUM AGGREGATE LIABILITY: $400 per unit. Any combination COMPANY MAXIMUM AGGREGATE LIABILITY: Seller $500, Heat pump and unit will be considered as one unit. humidifier are Buyer only; Buyer $2,000 per system. 7. KITCHEN DISHWASHER (Built-In Only) 24 HOUR SERVICE REQUESTS www.goldshieldhomeprotection.com or (877) 816-0010 2. PLUMBING SYSTEM COVERED: All parts and components except; GS-007 COVERED: Leaks and breaks to water lines, gas, drain, waste or vent lines, valves to shower, tub, and diverter, risers, angle stops and gate valves, faucets, toilet tank assemblies which include, the toilet tank, bowl, toilet wax ring seals, and other related mechanisms, and sewer lines. NOT COVERED: Damage or collapse to water, gas, drain, waste, or vent lines caused by roots or freezing, bathtubs and showers, built-in bathtub whirlpool motor, jets and pump accessories, shower enclosures and base pans, toilet lids and seats, sinks, caulking or grouting, water softeners, septic tanks, pressure regulators, inadequate or excessive water pressure, holding or storage tanks, flow restrictions in fresh water lines caused by corrosion, rust, or chemical deposits, sewage ejector pumps, steam rooms or saunas, hose bibs. 3. ELECTRICAL SYSTEM COVERED: All components and parts which include wiring, breakers, panels, switches, fuses, conduit, junction boxes and receptacles, attic and exhaust fans. NOT COVERED: Rollers, baskets, racks. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 per unit. Any combination unit will be considered as one unit. 8. KITCHEN MICROWAVE (Built-In Only) COVERED: All parts and components except; NOT COVERED: Clocks, interior linings, shelves, door glass, portable or counter top units, rotisseries, meat probe assemblies. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 per unit. Any combination unit will be considered as one unit. 9. KITCHEN TRASH COMPACTOR (Built-In Only) COVERED: All parts and components except; NOT COVERED: Removable buckets, key and lock assemblies. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 per unit. Any combination unit will be considered as one unit. 24 HOUR CLAIM SERVICE (877) 816-0807 GS-00T Additional Coverage for the Home Buyer 1. CENTRAL AIR CONDITIONING SYSTEM (Limit 2 units) COVERED: Ducted electric central air conditioning systems including: condenser; furnace transition; metering devices (e.g. thermal expansion valves); drain lines and evaporator coils; air handling unit and transition; secondary drain lines and pans; and refrigerant lines are covered. When Tomie Raines Home Warranty determines that upgrading a ducted electric central air conditioning system is required to maintain compatibility with equipment manufactured to be 13 SEER (Seasonal Energy Efficiency Ratio) and 7.7 HSPF (Heating Seasonal Performance Factor) compliant, or compliant with higher SEER or HSPF requirements, any of the forgoing covered components as well as plenum, indoor electrical, and duct connectors are also covered. NOT COVERED: Ducted electric wall air condition systems, gas air conditioning systems, water evaporative cooler systems, digital thermostats, ducted and non-ducted wall units, registers and grills, condenser casings, filters, electronic air cleaners, water towers, window units, roof jacks or stands, evaporative cooler pads, vents, flues, improperly sized air conditioning unit, chillers and chiller components, improper use of metering devices (e.g. thermal expansion valves, systems with improperly matched condensing unit and evaporative coil per manufacturer’s specifications COMPANY MAXIMUM AGGREGATE LIABILITY: $2,000 per system. 2. GARBAGE DISPOSAL COVERED: All parts and components, including entire unit. 3. DOORBELLS COVERED: All parts and components. 4. LIMITED ROOF REPAIR COVERAGE COVERED: Rolled roofing, asphalt shingles, flashing, leaks only. NOT COVERED: Entire roof replacement, rotted wood, flat and/or hot tar roofs COMPANY MAXIMUM AGGREGATE LIABILITY: $500 5. BURGLAR ALARM SYSTEM COVERED: Bell, switches, sending units, sensors and lights. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 per unit. Any combination unit will be considered as one unit. 6. HUMIDIFIER COVERED: Permanently mounted furnace humidifier including pans, housing, fans, motors, humidistat, transformer, lines and valves. NOT COVERED: Media elements, humidifier pads, brushes, atomizers or back flush units. 7. ELECTRONIC AIR CLEANER COVERED: Permanently mounted systems, including transformer, power pack switches, lights, wires, and cleaning elements. NOT COVERED: Self-cleaning units, mesh filters. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 per unit. Any combination unit will be considered as one unit. 8. SUMP PUMP COVERED: Primary sump pump only. NOT COVERED: Auxiliary sump pumps, sewage ejector pumps. 9. CENTRAL VACUUM SYSTEM COVERED: All parts and components except; NOT COVERED: Hoses and accessories that are removable, cost of gaining access to or closing access from the walls or floor either to locate the cause of malfunction or to affect replacement or repair. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 per unit. Any combination unit will be considered as one unit. 10. WELL PUMP COVERED: Coverage begins 30 days from day of closing and covers all parts and components of well pump utilized as the main source of water to the home except; NOT COVERED: Above or underground piping, cable, or electrical lines leading to or from the well pump which include those that are located within the well casing. Pressure switches not located on pump, well casings, booster pumps, redrilling of wells, well pump, storage, holding, or pressure tanks, above or underground cable, piping, or electrical lines for geothermal and/or water source heat pumps, including those that are located within the well casing, well pump and well pump components for geothermal and/or water source heat pumps. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 11. SEPTIC TANK MECHANICAL SYSTEM COVERED: Coverage begins 30 days from day of closing and covers Septic Tank Mechanical System including the tank, baffles, sewage ejector pump and switches. NOT COVERED: Tile field, drain field, leach beds on similar system. Septic coverage is not available for New Construction homes and is not renewable. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 12. GARAGE DOOR OPENER COVERED: Motor, switches, wiring, receiver unit, rail/trolley assembly NOT COVERED: Hinges, springs, doors, remote transmitters, track assembly 13. BASEMENT WATERPROOFING COVERED: Poured walls only. Up to ten rod holes and four vertical cracks up to 1/4 inch wide and 12 ft long. Passing inspection report conducted within 180 days of settlement date will be required. NOT COVERED: Block walls, crawl spaces. Any structural damage including, but not limited to, bowing or sagging walls, horizontal cracks and cracks over ¼” inch wide. Hydrostatic pressure or leaks at the cove (where basement wall and floor meet). Backing up or plugging of sewers, floods, condensation caused by high humidity, damp spots or discoloration of walls. LIMITATIONS OF COVERAGE: The Company must have full and unobstructed accessibility to walls and floors and will not be responsible for repairing any drywall, paneling, or flooring (i.e. carpeting, linoleum, etc.) caused by water damage or services performed. The Company is not responsible for any concealed wiring, gas, or water lines. All basement coverage is null and void if there are any alterations or tampering to basement walls or floor. COMPANY MAXIMUM AGGREGATE LIABILITY: $2,000 14. LIGHTING FIXTURES COVERED: All parts and components, including entire unit. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 per unit. Any combination unit will be considered as one unit. 15. HEAT PUMP COVERED: Electric heat pump including: drain lines and evaporator coils, metering devices (e.g. thermal expansion valves), air handling unit and transition, secondary lines and pans are covered. When Company determines that upgrading a heat pump is required to maintain compatibility with equipment manufactured to be 13 SEER (Seasonal Energy Efficiency Ratio) and 7.7 HSPF (Heating Seasonal Performance Factor) compliant, or compliant with higher SEER or HSPF requirements, any of the forgoing covered components as well as plenum, indoor electrical, and duct connectors are also covered. NOT COVERED: Gas systems, all parts and components relating to geothermal water source heat pumps including: outside or underground piping, components for geothermal and/or water source heat pumps, redrilling of wells, well pump and components for geothermal and/or water source heat pumps. Recovery of freon, condenser fins and casings, cleaning, solar heating systems, filters, grills, registers, clocks, portable units, flues and vents, humidifiers, timers, improperly sized heating systems, improper use of metering devices (e.g. thermal expansion valves.) and systems with improperly matched condensing unit and evaporative coil per manufacturer’s specifications COMPANY MAXIMUM AGGREGATE LIABILITY: $2,000 16. KITCHEN REFRIGERATOR (Must be in Primary Kitchen only) COVERED: All parts and components except; NOT COVERED: Racks, shelves, ice makers, ice crushers, water/beverage dispensers and their equipment, food spoilage, interior thermal shells, freezers that are not part of the refrigerator, multimedia center. COMPANY MAXIMUM AGGREGATE LIABILITY: $400 Optional Coverage for the Home Buyer 1. WASHER AND DRYER PACKAGE 1a. CLOTHES WASHER COVERED: All parts and components except; NOT COVERED: Drawers, knobs, dials, plastic mini-tubs, soap dispensers, filter screens, damage to clothing. 1b. CLOTHES DRYER COVERED: All parts and components except; NOT COVERED: Venting, lint screens, knobs, dials, damage to clothing, dryer cabinet fragrance / humidity center, shelves, rods, hangers, hooks, and cabinet liner, rack, drawers COMPANY MAXIMUM AGGREGATE LIABILITY: $400 per unit. Any combination unit will be considered as one unit. (Including washer and dryer.) 2. WATER SOFTENER COVERED: Domestic water softener. NOT COVERED: Conditions of insufficient or excessive water pressure, color or purity of water, water filters, salt replacement, rust or corrosion, normal maintenance responsibilities, rental units and water purification systems. COMPANY MAXIMUM AGGREGATE LIABILITY: $600 per unit. Any combination unit will be considered as one unit. 3. SWIMMING POOL AND/OR SPA EQUIPMENT COVERED: Both built-in spa equipment (exterior hot tub and whirlpool) and pool are covered if they utilize common equipment. If they do not utilize common equipment, then only one or the other is covered by this warranty unless an additional fee is paid. Coverage applies to above ground, accessible, working parts and components of the pumping, heating, and filtration system as follows: Heater, pump, filter, motor, filter timer, gaskets, timer, blower, valves, limited to back flush, actuator, check, 2-way and 3-way valves, above ground plumbing pipes and wiring, relays and switches NOT COVERED: Liners, lights, structural defects, solar equipment, jets, pool sweep motor and pump, ornamental fountains, waterfalls, and their pumping systems, fill line and valves, pool cover and related equipment, detachable or built-in cleaning equipment such as, but not limited to, pool sweeps, turbo valves, pop-up heads, skimmers, chlorinators and ionizes, fuel storage tanks, heat pump, disposable filtration mediums, portable or above ground spas, multi-media centers. COMPANY MAXIMUM AGGREGATE LIABILITY: $600 for any and all claims for pool and/or spa heater and $600 for pool and/or spa filtration system. 4. DELUXE PLUMBING & ELECTRICAL PACKAGE Additional Coverage: All clogs and stoppages inside the foundation of the home, toilet tank and bowl, $500 in coverage towards repair / replacement of sewer line to the street, lighting fixtures, and service cables. 24 HOUR CLAIM SERVICE (877) 816-0807 GS-00T Home Protection Plan The Tomie Raines Home Warranty This is for activation of: Complete and fax to (877)816-0803 Seller Coverage Buyer Coverage Property Address _______________________________________________________________________________________ Street Address City State Zip Complete and fax to (877)816-0803 Property Address ___________________________________________________________________________________ Street City State Zip Real Estate Broker __________________________________ Agent’s Name________________________________________ Real Estate Broker ___________________________________ Agent’s Name ___________________________________ Please choose one of1the following: Plan Buyer & Seller Coverage $50 deductible per service item. Optional Coverage items (covers buyer only). Choose those that apply: ______ Standard Service Contract $389 / $95 deductible per service item Clothes Washers & Dryers Coverage $80 PlanContract 2 Buyer$475 & Seller deductible service item coverage ______ Gold Service / $75 Coverage deductible $95 per service item.per Plus one optional ______ Clothes Washer & Dryer Built-In Spa Equipment $85Coverage $75 item. (Must beSingle selected in Home advance) SoftenerCoverage Coverage$40 $75 Family $420 Condo/Town Home Coverage $380 New Construction Coverage $595 ______ Water Water Softener ______ Swimming SwimmingPool PoolCoverage Coverage$100 $100 ______ Platinum Service ContractCost $525 / $75 deductible per service item. Plus two optional Total Contract coverage items. (Must be selected in advance) ______ Deluxe Plumbing&&Electrical ElectricalUpgrade Upgrade $75 Deluxe Plumbing $75 ______ Total Contract Protection PO BOX 758 Washington, MI 48094-0758 COVERED ITEMS Cost Mail checks to Gold Shield Home Buyer Seller Buyer OPTIONAL COVERAGE Single Family Home $450 Condo/Town Home Coverage $410 TermsBasement of Coverage Leaks (poured walls only) 4 New Construction Coverage $640 1. Service will be dispatched within 48 hours of request. In the event of a heating emergency 4 Sump Pump Company will pay up to $65 per night (maximum 3 nights) for hotel accommodations. A 4 Heat Pump receipt will be required for reimbursement. 2. ThisCentral ServiceAir Contract is transferable forunits) a $25 fee. 4 Conditioning (excludes gas 3. Gold Shield Home Protection, Inc. (“Company”) will not reimburse for services Garbage Disposal performed without Company authorization or for claims called in after contract 4 expiration. 4. ThisGarage ServiceDoor Contract will automatically terminate for non-payment of Service Contract Opener 4 fees or deductibles; or for fraud and/or misrepresentation of facts material to the issuance of Kitchen Refrigerator 4 this Service Contract. Burglarshall Alarm System 4 call item. 5. Company have the sole discretion for repair type or replacement on service 6. The Humidifier seller and(must buyer will assign all unexpired warranties or guarantees4 received in be permanently mounted) connection with the purchase of any covered items to the Company. The seller and buyer will Air Cleaner use theirElectronic best efforts to enforce any unexpired, non-assignable warranties and 4 guarantees at Company’s request. Doorbells 4 7. Company will NOT cover any items already covered in a homeowner’s insurance policy. Central Vacuum Systems 4 Documentation from your insurance company may be requested. Repair 4 8. EachRoof contract is Coverage limited to an aggregate liability of $30,000. Company’s Maximum Aggregate is $2000 perafter system. WellLiability Pump (begins 30 days closing date) 4 9. This is a limited Service Contract and may not cover all systems and/or items found in the Septic Tank and/or Coverage (begins 30 days after closing date) 4 home. If a system items are not listed as covered then they are NOT COVERED. 10. TheLighting maximum Company liability on many items is NOT enough for replacement cost. Fixtures 4 Replacements will only be done if specifically stated in this Service Contract or if the4 Heating System 4 maximum liability amount is enough to cover replacement of that item. Water Heater 4 Are located4 11. This Service Contract covers only those parts of mechanical systems which: in a single family residence and/or condominium unit; are in place, operative Plumbing System 4 and located4 within the main perimeter of the main foundation of the home on the effective date of this 4 Electrical System 4 contract; are not located in rooms or buildings used for commercial or business purposes. 12. Company is not Fan responsible for repairs or replacements required as a result Attic/Exhaust 4 of missing4 parts, fire, explosion or other casualty, whether or not insured by homeowner, war, terrorism,4 Range/Oven/Cooktop 4 flood, smoke, water damage, lightning, freeze, earthquake, theft, storms, accidents, Deluxe & Electrical $75 vandalism, codePlumbing violations, improperUpgrade installation, acts of God, accidental damage, negligence and misuse. This Service Contract is intended for mechanical / component failures only. Built-In Swimming Pool Equipment in good 13. This contract does not cover pre-existing conditions. Covered items must be$100 workingBuilt-In condition the time this contract is executed. SpaatEquipment $85 14. Company will not upgrade equipment or improve due to lack of capacity or failure to Swimming Pool w/orBuilt-In Equipment meet city, state, federal, utilitySpa regulations or upgrades required by law including,$185 but not limited to, permits. Washer/Dryer Package $80 15. Company is not liable for consequential, incidental or secondary damage. 16. Services involving toxic material, lead-based paint, mold, or asbestos are not covered. Water Softener $40 17. When it is necessary to open floors, walls or ceilings to make plumbing and or electrical repairs, the Company will restore them to a primed finish. 2nd YEAR OPTIONAL COVERAGE Buyer 18. All (Inspection replacements will be made with comparable materials and with standard makes and report required. Limitations apply. See Terms of Coverage.) models. Appliance color is not guaranteed on replacements. 19. ARBITRATION Furnace CLAUSE: Any dispute arising under this agreement shall be submitted FREE for binding arbitration under the auspices of the American Arbitration Association’s local office. Each party shall pay for its own representative and shall bear arbitration costs FREE equally. Roof The arbitrator’s award shall be final and binding and may be enforced by any Court of Law. 20. Second year of coverage is limited to the following systems and must be inspected by ASHI ofPlumbing AHIT certified inspector. Each systems must qualify (see below) for coverage. One FREE or all systems may be eliminated from coverage. Central Heating System: Unit must be less than 10 years old (Inspector may have to make Electrical an educated guess as to the age). Unit must be operable with no major problems. FREE Roof Covering: Roof must have no more than 2 layers, must be 10 or less years in age (Inspector may have to make an educated guess as to the age). Ventilation and roof covering COVERAGE COST Plan 1 Plan 2 must be in good working order. Electrical System: System must be operable with no code violations, or major issues. Single Family $450 $420 System must have circuit Home breakers. Plumbing System: System can not contain any galvanized plumbing. System must be in good working order with no leaks or evidence of leaks. $410 Condominium/Town Home Built-In Dishwasher 4 4 estate broker DISCLOSURE This is a Service Contract not an insurance policy. Your real may be paid an administrative fee for the processing of this order, the advertising of $640 You New (Covers years 2 - 5) Plans available for purchase. Built-Inand Microwave Oven of the premises. The purchase of a Home 4 this product, the inspection Protection Plan and Construction there may be other Home Protection 4 is optional $380 $595 are freeTrash to shop and select any Home Protection Plan that may be available.4 If performance of the service contract is interrupted because of a strike or work stoppage at the Compactor 4 $50 $95 Trade Feestoppage. Company’s place of business, the effective period of the service contract shall be extended for the period ofService the strikeCall or work Stoppages 4 4 SELLER INFORMATION (Required for Seller Coverage Only) SELLER INFORMATION (Required for Seller Coverage Only) List Date _____________ Expiration Date _____________Seller(s) Name (please print)____________________________________, ____________________________________ List Date ______________ Expiration Date _____________Seller(s) Name (please print) _______________________________________________________________________ working condition theof time of listing willbeNOT be covered. list that any are not SellerSeller represents that that all the covered items areareiningood Itemsthat thatareare in good represents all the covered items goodworking working condition. condition. Items notnot in good working condition at theattime listing will NOT covered. Please listPlease any items items in that areworking not in good working condition defective:_____________________________________________________________________________________________ good condition and/or defective:and/or __________________________________________________________________________________________________________________________ SellerSeller agrees to and/or authorizes broker to release releasea acopy copy Seller’s Disclosure Statement, Agreement, and any Pre-Inspection Reportsinformation. to agrees to and/or authorizes brokerand/or and/ orhome homeinspector inspector to ofof thethe Seller’s Disclosure Statement, ListingListing Agreement, and any Pre-Inspection Reports to validate validate information. understands that thisagreement is a limited and has readand thethe listTerms of covered itemsSeller (on the back of this andagrees the Terms of Coverage. Seller Seller understandsSeller that this is a limited service and service has read agreement the list of covered items of Coverage. understands and form) mutually to the following: a) listing coverage understands to the following: a)obligated listing coverage freeHome to theProtection seller(s) Plan b) Seller(s) contractually to purchase this Home Protection Plan for at closing is free toand themutually seller(s) b)agrees Seller(s) are contractually to purchaseisthis at closingare if property closes obligated within 18 months of seller coverage. Seller coverage the listing and if property closes within 18 months of seller coverage forRaines the listing sale period starts the date thethe application accepted by to Gold sale period starts the date the application is coverage. received andSeller accepted by Tomie Homeand Warranty, LLC and continues until expiration is of received the initial and listing period (up 180 Shield days) orHome until close of sale orInc. listing cancellation is first). Tenant homes are not for seller coverage. Protection, and continues(whichever until the expiration of theoccupied initial listing period (upavailable to 180 days) or until close of sale or listing cancellation (whichever is first). ______________________________________________________ _____________________________________________________ ______________________________________________________ _____________________________________________________ Signature SellerSeller Signature Seller SignatureSeller Signature BUYER INFORMATION (Required at Settlement) BUYER INFORMATION (Required at Settlement) Settlement Date ______________ Buyer(s) Name (please print) __________________________________ , ________________________________ Buyer agrees to and/or authorizes broker and/ or home Date inspector to release a copyBuyer(s) of the Seller’s Statement, Buy and Sell Agreement, and any Inspection Reports to validate information. Buyer(s) understands this is a limited service Settlement ______________ NameDisclosure (please print) __________________________________, ________________________________Buyer agreesthat to and/or agreement andand/or has read the list of covered items and the Terms Coverage. Buyer represents that Buy all the covered items are in good working condition. Itemsto that are not information. in good working condition authorizes broker home inspector to release a copy of theofSeller’s Disclosure Statement, and Sell Agreement, and any Inspection Reports validate time of settlement willisNOT be covered. coverage on the settlement and continues termofofthis oneform) year. Coverage for New beginsrepresents one year after Buyeratunderstands that this a limited serviceBuyer’s agreement and begins has read list of date covered items (onfor thethe back and the Terms ofConstruction Coverage. Buyer thatsettlement all the and continues for four yearsworking thereafter. Claims will not be accepted the end of the term. Pleaseatlist anyofitems that are will not inNOT goodbe working condition and/coverage or defective: _________________________ covered items are in good condition. Items that are notafter in good working condition time settlement covered. Buyer’s begins on settlement date _______________________________________________________________________________________________________________________________________________________________ and continues for the term of one year. Please list any items that are not in good working condition and/or defective: _____________________________________________________ _____________________________________________________ ________________________________________________________________________________________________________________________________________________ Buyer Signature Buyer Signature _____________________________________________________ WAIVER (Required if a Home Warranty Service Contract plan is_____________________________________________________ not purchased) BuyerAfter Signature Signature being informed of the benefits of a Home Warranty ServiceBuyer Contract I/we elect to waive the purchase of any such plan. ____________________________________________________________________________________________ ____________________ Seller Signature Seller Signature Date 24 HOUR SERVICE REQUESTS www.goldshieldhomeprotection.com or (877) 816-0010 ____________________________________________________________________________________________ ____________________ GS-007 Buyer Signature Buyer Signature 24 HOUR CLAIM SERVICE (877) 816-0807 Date