Statutory warranty
nounstat·u·to·ry war·ran·typronounced STAT-yoo-tə-ree WOR-ən-tee
Last reviewed 16 April 2026
What does the noun Statutory warranty mean?
A legal obligation on builders to fix defects in new residential construction. Structural defects are typically covered for 6 years (up to 10 in Victoria), and non-structural defects for 2 years. These rights apply automatically under state building legislation.
How the noun Statutory warranty is used
We found cracking in the walls within two years of buying our new build, and the builder had to fix it under the statutory warranty at no cost to us.
Synonyms
builder's warranty, home building warranty
Related words
Cite this entry
MLA citation: "Statutory warranty." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/statutory-warranty. Accessed 29 May 2026.
Chicago citation: How to Property. "Statutory warranty." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/statutory-warranty.
APA citation: How to Property. (2026, April 16). Statutory warranty. https://howtoproperty.com.au/definitions/statutory-warranty