64.35.115  <<  64.35.120 >>   64.35.205

PDFRCW 64.35.120

Change of ownership—Coverage transfers.

(1) A qualified warranty pertains solely to the unit and common elements for which it provides coverage and no notice to the qualified insurer is required on a change of ownership.
(2) All of the applicable unused benefits under a qualified warranty with respect to a unit are automatically transferred to any subsequent owner on a change of ownership.
[ 2004 c 201 s 1801.]