Deposit Protection
For Homes Enrolled Prior to March 1, 2007
- Deposit Protection is an optional coverage available to the Homeowner only through our membership.
- To qualify, money must be paid directly to your Builder. If money is paid to another source, the deposit is not eligible for protection.
- The Builder will request a Deposit Protection Certificate at the time the home is enrolled.
- AHW will provide the Builder with a Deposit Protection Certificate that verifies the amount of the deposit.
- You will also receive a copy of the Deposit Protection Certificate, along with assurance from AHW that your down payment is protected until you take possession of your home.
- Deposit certificate provides protection due to the bankruptcy, insolvency or fraud on part of the Builder up to a maximum of $10,000.00
