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What does a warranty in a construction contract typically define?
Completion timelines
Repair responsibilities for defects
Payment terms
Sole ownership of the project
The correct answer is: Repair responsibilities for defects
A warranty in a construction contract typically defines repair responsibilities for defects. This means that the warranty outlines the obligations of the contractor in relation to any defects or issues that arise after the completion of the work. When a warranty is included in a contract, it assures the client that the work performed will meet certain standards of quality and integrity. It often specifies the duration of the warranty period and what types of defects are covered. If any issues occur that fall under this warranty, the contractor is generally responsible for repairing or addressing them at no additional cost to the client. This serves to provide both parties with clarity and protection concerning the quality of the work performed. The other options focus on different aspects of a construction contract, such as timelines, payment terms, and ownership, which do not pertain to the warranty's primary function of addressing defects post-completion.