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Home Warranty Glossary
   Liberty Home Protection Home Warranties Defined
Schedule (n.): Items that are covered under a home warranty plan policy are listed here.
Septic tank (n.): Tank where sewage is converted into gas and sludge. Gravity releases the remaining refuse into a subterranean drainage bed.
Service contract (n.): W/r/t a home warranty, a service contract is typically a written agreement between provider and homeowner that obligates the provider to pay for repair or replacement of household appliances and systems should their functioning cease due to normal wear and tear.
Sump (n.): Sump pump uses this catch basin in the basement to collect water before pumping.
System (n.): A household operation which serves a function for the family living within. For instance, your electrical system has been implemented in order to provide light so that you may see and power so that you may use electronic and other devices requiring electricity.
Transferability (n.): Ability to transfer the home appliance warranty policy from one the seller to the new homeowner.
Thermostat (n.): Control used for maintaining a consistent temperature and for turning appliances on and off, regulated by exterior temperature.
Timer (n.): Handy appliance device used to measure and preset time intervals, as in for timed cooking cycles.
Trap (n.): Place in a water pipe that holds water in order to prevent gases from escaping into the plumbing systems of a house.
Underwriting (n.): An applicant evaluation which will determine the rate of coverage to be established based on subjective criteria.
Warranty (n.): A written contract which guarantees covered item(s) and various parts comprising said items in a policy will be repaired or replaced, within a pre-established timeframe and without accruing additional charges.
Weep hole (n.): Water drains from a small hole in the wall cutout of a structure.
 
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