(1) Every home warranty service contract shall contain the following information:
A specific listing of all items or elements excluded from coverage;
A specific listing of all other limitations in coverage, including the exclusion of preexisting conditions if applicable;
The procedure that is required to be followed in order to obtain repairs or replacements;
A statement as to the time period, following notification to the company, withinwhich the requested repairs will be made or replacements will be provided;
The specific duration of the home warranty service contract, including an exact termination date that is not contingent upon an unspecified future closing date or other indefinite event;
A statement as to whether the home warranty service contract is transferable;
A statement that actions under a home warranty service contract may be covered bythe provisions of the "Colorado Consumer Protection Act" or the "Unfair Practices Act", articles 1 and 2 of title 6, and that a party to such a contract may have a right of civil action under those laws, including obtaining the recourse or penalties specified in those laws.
Source: L. 2019: Entire title R&RE with relocations, (HB 19-1172), ch. 136, p. 716, § 1, effective October 1.
Editor's note: This section is similar to former § 12-61-611.5 as it existed prior to 2019.