Each new home building business is required to register separately. The name of the company which is transferring title to the new home is the entity which must register and warrant the new home. Corporations, limited partnerships, general partnerships, and joint ventures must submit a copy of their certificate of incorporation, certificate of limited partnership, general partnership agreement, or joint venture agreement, as appropriate. The fee is in the form of a check from the new home building business or from a principal in the new home building business, or, when required by the Program, a certified check. If approved, a builder is issued a registration card, which must be shown to the local contruction official when construction permits for the new home are obtained.
Registration is valid for two years from the approval date.
Each home sold during the time the builder remains unregistered is considered a separate offense. Registration Renewal Registration must be renewed every two years. Renewal requirements are the same as for new registrations. Registration, Suspension or Revocation A builder s registration can be revoked or denied for fraud, misrepresentation in the registration application, or substantially violating the New Jersey Uniform Construction Code. A builder s registration can be suspended or denied if the builder fails to enroll, warrant, or continue to participate in the State Plan or an approved private plan, fails to correct or settle a claim after responsibility was established through the dispute settlement process, has officers, partners, stockholders, or directors who were involved in unregistered, suspended, or revoked new home building businesses, incurred or was responsible for incurring an award against the New Home Warranty Security Fund and the Fund has not been compensated, or failed to participate in the dispute settlement process.