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Are Roofing Warranties Transferable in Texas?

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Are Roofing Warranties Transferable in Texas?

You’ve been searching for months on end for your first house. The place where you’ll raise a family, create memories, the place you’ll grow to call home. You’ve found it. It’s perfect. Well, it’s perfect now but will it be perfect a year from now? How about five years down the line? 

Sometimes, your first home isn't always your only home, or your last. You may outgrow it, or need to downsize, or even leave altogether for greener pastures to some other faraway city. So what then—what if you leave your home before your warranty is up? Does the warranty transfer to a new owner? With the average ownership of a home being 13 years, many homeowners will move out before their warranty is up, leaving years on their warranty. With certain roofing warranties, homeowners are able to transfer it to a new homeowner, allowing them to stay insured for any potential and unforeseen repairs. Read on to learn all there is to know about a roof warranty transfer! 

What is a Roofing Warranty?

A roofing warranty is an insurance policy meant to ensure your roof on the off chance something goes wrong. A typical roofing warranty covers poor workmanship, cost of materials, and any potential repairs your roof may need. 

Material Warranty

Material warranties ensure the actual roofing materials used on your home. For example, say your roof is made of shingles, the manufacturer will typically provide you with a 25-50 year warranty that covers the cost of any replacements, but you will still need to pay out of pocket for any labor.

Workmanship Warranty

Workmanship warranty protects your roof from inadequate installation practices, which can include poor ventilation and improper flashing, to name a few. This type of warranty is shorter, typically ranging from 5-10 years, and sometimes covers the costs of potential labor and repairs. 

Full System Warranty

A full system or ‘extended manufacturer's warranty’ is for those homeowners who want the peace of mind of knowing their roof is fully covered and taken care of. Since this type of coverage is for an entire roofing system, manufacturers will only offer these to customers who purchase an entirely new roofing system from a specific manufacturer. Most of these warranties last an average of 50 years. 

NDL Warranties

An NDL warranty (no dollar limit) is a type of warranty available for commercial roofing. It typically covers materials, labor defects, regardless of the cost of the repair or replacement. 

Are Roofing Warranties Transferable?

While the majority of manufacturer-issued warranties are transferable to new homeowners, it is important to note that not all warranties will be automatically transferred. Sometimes, a few extra steps will be required in order to take advantage of the transferability. It is important to keep in mind that although most manufacturer-issued warranties are transferable, the same cannot be said for workmanship warranties issued by individual contractors. Some contractors may be willing to, but it is not very likely. 

How Many Times Does a Roof Warranty Transfer to a New Owner?

Most warranties are limited to a single transfer from the original homeowner to the new one.

A Step-By-Step Guide: Roof Warranty Transfer 101

 Although it shouldn’t be,  a roof warranty transfer can be difficult, which is why here at Parish Roofing Solutions, we want to simplify the process for our customers. Below is a step-by-step guide:

Evaluate Your Existing Warranty

The first step to transferring a roofing warranty is to go over the current warranty, keeping a close eye on any potential transferability clauses. The majority of warranties are only transferable once, but some warranties allow for multiple transfers. 

Reach Out to the Manufacturer

The next part of the process requires you to reach out to the manufacturer that issued the warranty. This ensures that you are made aware of any specific details regarding the transfer process, including fees, documentation, and a general timeline. 

Collect the Necessary Documents

It varies from manufacturer to manufacturer, but this usually includes proof of purchase (deed statement, mortgage, etc.), inspection reports detailing the current state of the roof, and sometimes a formal transfer form. 

Transfer Fees

Generally, manufacturers have some form of transfer that can sometimes cost a couple of hundred dollars, but will still be significantly cheaper than any costs associated with roof repairs. 

Complete Your Transfer

Once all the aforementioned steps are completed, your roof warranty transfer will be complete. Make sure you receive a physical copy of the transfer in order to keep for your own personal records.

Why Transferability Matters in Texas Real Estate

You may be wondering, ‘Do roof warranties transfer even matter?’ While it depends on a case by case basis, generally speaking, yeah, they do. Purchasing a home with a transferable roofing warranty matters as it reassures the buyer that not only is the roof properly maintained, and of good quality. Think of it as a safety net on the off chance that something did go wrong, the new homeowners will not be blindsided by costly repairs. Other reasons include the following:

Cover Repairs

As a current homeowner, if you are looking to sell your home, your roofing warranty can help take care of any necessary repairs before you list your home on the market. Doing so guarantees your roof is in tip-top shape for the new homeowners without them having to worry about any out-of-pocket expenses. 

Increase Your Home’s Value

When you have a transferable roofing warranty, you automatically boost your home’s resale value, allowing it to stand out as an attractive purchasing option on the market. Think about it, having a transferable warranty signals potential buyers of your commitment to quality, and in turn reassures them that the home they’re buying is one they can confidently purchase.

Common Pitfalls  to Avoid

Roof warranty transfers can be a bit tricky sometimes, especially if you are not familiar with the jargon and fine print. Don’t worry, we’re here to help. Below are some of the most common pitfalls homeowners are likely to come across.

Late Submissions

It is of the utmost importance to remember that the transfer process is time sensitive and must usually be completed within the first 30 days of purchasing a new home. If it is not, many manufacturers will reject and void the warranty regardless of how many years is left on it. 

Failing to Provide Documentation

Manufacturers will ask for several documents relating to homeownership, proof of purchase, the original warranty, and sometimes even inspection reports. Failure to provide any of these documents can result in a voided transfer. 

Not Paying Transfer Fees

While seemingly obvious, it is important to remember that transfer fees must not only be paid, but also paid in a timely manner, ensuring that you meet the manufacturer's set deadline and timeframe. 

How to Check if Your Roof Warranty is Transferable

To find out whether or not your roofing warranty is transferable or not, you should check any documentation you may have on hand. Usually, your warranty will outline whether or not it is transferable. Additionally, by calling your manufacturer or contractor, they can also provide you with detailed information regarding your transferability status.  

Contact Parish Roofing Solutions

As a family-owned company, we know the importance of protecting your loved ones. We know how important it is to keep them safe and sound, and there is no better way to do so than with a roof over their head, which is why Parish Roofing Solutions offers all our customers roofing warranties. Although our roofs are built from the highest quality materials available and by the most skilled workers in the industry, we know emergencies can occur, which is why we want to help you safeguard your investment. Call Parish Roofing Solutions today and discover why we’re the best in the business. 

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