New Jersey Real Estate Exam Practice Question
Which claim for damages would be most likely to be covered by a home warranty program?
Correct Answer: C
Rationale: Option C addresses a common issue covered by home warranty programs: the failure of major systems like a furnace shortly after purchase. Home warranties typically protect homeowners from unexpected repair costs for appliances and systems that break down due to normal wear and tear.
Option A involves a sewer assessment, which is a disclosure issue rather than a mechanical failure, and warranties do not cover undisclosed assessments. Option B pertains to a tax error, which is a financial matter unrelated to the physical condition of the home and not covered by warranties. Option D, concerning paranormal events, falls outside the scope of home warranties, which focus on tangible property issues rather than subjective experiences.
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