Table of NOV Conditions & Requirements (continued)

NOV Item

Instructions for Preparing the NOV

“Not Inspected” Acknowledgement

Check the appropriate items if the property was appraised as “new construction”.

Note:  Item 12a on the NOV applies if the property is to be covered by a one-year builder’s warranty per Section 10.08.  Item 12b on the NOV applies if the property is to be covered by a 10-year insured protection plan per Section 10.09.

Reference: 

·   Item 12 on the NOV

·   Section 10.05

·   Section 10.08

·   Chapter 10, Figure 1.

10-Year Insured Protection Plan

Check this item if the property was appraised as either “proposed or under construction” or “new construction” and is to be covered by a 10-year insured protection plan.

Note:  A copy of the builder’s application to enroll the subject property in an acceptable 10-year plan is adequate “evidence of enrollment.”  It is the builder’s responsibility to ensure that all enrollment fees are paid and the enrollment process is otherwise completed. 

Reference: 

·   Item 13 on the NOV

·   Section 10.05

·   Section 10.09

·   Chapter 14, Overview.