How long is the contractor's homeowner's warranty period for a new home on Guam?

The contractor's homeowner's warranty period for a new home on Guam is specifically set at 18 months from the Certificate of Occupancy. This warranty period is designed to protect homeowners by ensuring that any defects or issues that arise within this timeframe can be addressed by the contractor. It reflects standard practices in the construction industry, providing a reasonable balance of protection for the buyer while allowing time for any latent defects to surface after the home has been completed and occupied.

The Certificate of Occupancy is a key milestone, signifying that a home has been inspected and meets local building codes and safety regulations, and therefore begins the warranty period. This timeframe affords homeowners some level of assurance regarding the quality of construction and materials used in their new home.

Other time frames mentioned in the choices, such as 12 months, 2 years, and 5 years, do not align with the established warranty guidelines for new constructions on Guam. Each of those options reflects a different understanding of warranty coverage, which is why they do not apply within the context of Guam's regulations regarding contractor's warranties.