Warranties play a huge role when buying or selling an asset or anything of considerable value. In addition, warranties ensure that you will be compensated if the said item turns out to be faulty or is not what you are promised. This peace of mind is essential, and hence the transfer of warranties in the Oklahoma Roofing business is crucial for any transaction in this industry.
All the works related to roofing also come with a transferable warranty, which means that you can transfer your current warranty, which is highly desirable. This article covers this topic in great depth.
Types of Warranty
A warranty can also be called a claim of the manufacturer that if the product is faulty or not the one which is published, then the user can claim a warranty and be compensated in a manner deemed fit. This, however, is subject to change based on different manufacturers, and the item in question, among other things. There are typically two types of warranties in the roofing business. One of them is called a workmanship warranty, which claims that the work done on your roof is done of quality, and there were no corners cut in the construction, which would damage the quality of craftsmanship. Your roofing contractor gives this warranty, and if claimed, the Roofing Repairs OKC is their domain.
On the other hand, the roofing materials manufacturer gives a different type of warranty. The manufacturer’s warranty typically covers the warranty of the quality of the materials provided to the roofing manufacturer for installation. This type of warranty assumes that the manufacturer has done an ideal installation job. In addition, several Edmond roofing companies offer different warranties like extended warranties or ones with other packages. Moreover, this type of warranty is transferable; hence, this will be the point of discussion as the workmanship warranty is not transferrable in most cases.
Structure of a Roofing Warranty
There are several aspects of a roofing warranty, and you should be able to learn how to read your contract and understand it. First, the warranty applies to the owner and is addressed to them. Second, the warranty is transferred to the new owner in case of a purchase or sale. Third, the warranty is only related to the roofing products purchased. Moreover, the warranty also highlights what is known as a defect and some easy-to-do remedies for some known defects. Furthermore, the warranties can include which costs will make the owner bear and which ones will be on the manufacturer.
A dedicated section in the warranty will highlight the scenarios where you cannot claim the warranty. For example, there is an error in installing the roofing materials, which is the domain of your Norman roofing contractor and not the manufacturer. Apart from this, these warranties are not for an indefinite period, and hence, there is a section that deals with that time constraint and highlights the validity of your warranty.
The details of the warranty transfer, including but not limited to the documents needed, are also usually provided. More importantly, another section explains in detail how to file a claim should there be something wrong with the product. This part will cover the process of filing a claim and how to follow it up with the manufacturer and other roofing companies in Oklahoma.
The Jargon of your Warranty and what do they mean
There are some key terms in your warranty, which you must understand before purchasing a product to know what you are getting and the support you will get from the manufacturer should you need to claim the warranty.
One of the common words used in these warranties is Limited, Infinite, and Extended. We will cover all of these terms and explain what they mean for an average user.
A limited warranty is the most common type of warranty that the manufacturer gives. This warranty has a set of conditions that come with the warranty. Should these conditions be violated, your warranty will be null and void, which means that you will no longer be able to file a claim. Several conditions are imposed on your warranty, and one of the most common ones is a time constraint.
One of the more popular warranties is called a Lifetime Warranty, which empowers the owner more than the manufacturer and hence is more desirable. Under this warranty, the warranty can be claimed or as long as the owner retains the house, should there be any issue with the roofing materials provided. The manufacturer should explicitly state this when explaining what a lifetime warranty refers to.
Some roofing manufacturers also provide another type of warranty called an extended warranty, which typically lengths your warranty time under some additional conditions. You can purchase this warranty when buying the product by paying extra for it. Usually, these warranties are beneficial and shared in the roofing business.
Can a Roofing Warranty be transferred?
Not all warranties are transferable, but more and more manufacturers are allowing the transfer of these roofing warranties to appeal to homeowners. However, there are stringent rules and regulations imposed by roofing companies in OKC and roofing manufacturers in general, which must be followed if you want to transfer the deed. The transfer details are mentioned in the warranty contract when you originally bought the product. However, more information can be obtained from the manufacturer. Apart from this, the transfer of warranty can sometimes cost the owner. Whether it is a free service or not depends entirely on the manufacturer. You have to follow the transfer process by the book to ensure that the transfer is done successfully without any obstacles.
How to Transfer a Roofing Warranty
There are several things to keep in mind regarding the warranty transfer. First, you might need to pay for the transfer. Usually, the fees are minimal. Moreover, the warranty coverage or terms may change depending on the condition of the products. Finally, most manufacturers allow the owners to transfer the warranty only once, so check if you are the second owner or not before engaging in a transfer.
One of the essential things in transferring your roofing warranty is the deadlines you must meet with all the paperwork if you want to claim the warranty. It would be best if you did that at the earliest when you purchased the house. Moreover, another important document to keep in hand is the ownership letter or the contract. This, however, can be substituted with a copy of the agreement. However, all of this is relative and depends on the manufacturer you are dealing with.
Another important document to present, along with your case, is the proof of installation. You should be able to prove with relevant documentation that a roofing contractor installed the product on a given date.
These documents can be located with the help of the previous original owner as well. As a homeowner, you should do your part in keeping all the original documents and paperwork safe so the new owners can quickly transfer the warranty. If you do not find them with the owner, make it a point to contact the respective Oklahoma roofing contractor for a copy.
However, these documents might not be the only ones needed; you should take a second look at the warranty under the transfer section and contact the roofing manufacturer for further assistance.
Why should you prefer a Transferable Manufacturers Roofing Warranty?
The roofing warranty can come in handy and tells you a lot about the type of product that you buy. A manufacturer’s warranty tells you that the manufacturer is confident in their product and aims to assist you should things go wrong. A warranty like this also builds up the trust between the consumer and the brand and acts as a guarantee of sorts regarding the materials used and the quality of the product; hence you should always prefer roofs with a manufacturer’s warranty.
Moreover, when you are selling your house, and your roof has products that still come under a manufacturer’s warranty, highlight this, as this will help your sale. Prospective buyers are likely to see it as a plus point that the house still comes with a manufacturer’s guarantee should anything go wrong after the sale. Given how easy it is to transfer these warranties, this is a plus point. Hence, consider it an investment to go for a reputable product with a solid manufacturer’s warranty.
On the other hand, if you are a buyer, ask if the roof is under warranty. Always make sure that the warranty is from a reputable company and is transferrable to make sure that you invest your money in a house with a solid roof because roofs are the most expensive parts of the house to upkeep and maintain.