Which of the following is part of the Atlantic Home Warranty Program requirements?

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Prepare for the Nova Scotia Real Estate Exam. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready to succeed!

The Atlantic Home Warranty Program is designed to protect homeowners and promote quality in residential construction across Atlantic Canada. A key requirement of the program is the enrollment of all eligible new homes. This ensures that these homes are covered by the warranty, allowing homeowners to benefit from protection against certain defects and issues that may arise within a specified period after completion. This enrollment process is crucial for maintaining the integrity of the program and provides homeowners with a sense of security regarding their investment.

While annual financial audits can be necessary for overseeing the financial sustainability of various programs, they are not directly related to the specific requirements for home enrollment in the warranty program. Home equity assessments and public sales of properties also do not pertain to the core purpose of the Atlantic Home Warranty Program, which primarily focuses on the eligibility and protection of new homes rather than the monetization or distribution processes pertaining to existing properties. Therefore, the emphasis on home enrollment reflects the program's commitment to safeguarding new homeowners and ensuring quality in construction practices.

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