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  2. Home warranty - Wikipedia

    en.wikipedia.org/wiki/Home_warranty

    However, the words "home warranty" are not always used explicitly to mean a legal warranty is being conveyed. In many cases, at least in the United States, a home warranty is not a warranty at all, but rather a home service contract that covers the repair and/or replacement costs of home appliances , major systems such as heating and cooling ...

  3. Reserve study - Wikipedia

    en.wikipedia.org/wiki/Reserve_study

    A reserve study is a long-term capital budget planning tool which identifies the current status of the reserve fund and a stable and equitable funding plan to offset ongoing deterioration, resulting in sufficient funds when those anticipated major common area expenditures actually occur. The reserve study consists of two parts: the physical ...

  4. Home warranty vs. homeowners insurance - AOL

    www.aol.com/finance/home-warranty-vs-homeowners...

    A home insurance policy protects your finances against specific types of damage to your home and belongings, while a home warranty is a service contract that can cover repairs to major home ...

  5. Warranty - Wikipedia

    en.wikipedia.org/wiki/Warranty

    A home warranty protects against the costs of home and appliance repair by offering home warranty coverage for houses, townhomes, condominiums, mobile homes, and new construction homes. When a problem occurs with a covered appliance or mechanical system such as an air conditioning unit or furnace, a service technician repairs or replaces it ...

  6. Condominium - Wikipedia

    en.wikipedia.org/wiki/Condominium

    Shares can be bought and sold, but often the cooperative's rules strictly limit the price for which they may change hands. (In contrast, condominiums are traded on a free market). Because the official share prices are often lower than the market value and sellers often retain the freedom to select whom to sell to, under-the-table payments occur ...

  7. Homeowner association - Wikipedia

    en.wikipedia.org/wiki/Homeowner_association

    A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]

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