Abstract
The objective of the study reported herein is to examine the characteristics of the "EEN HUlS MET GARANTIE" of the Garantie Instituut Woningbouw in Holland, which was established in 1974. The principal characteristics of the system are summarized as follows ; 1) The terms of guaranty varies between 6 years and 6 monthes, according to the performance of building elements. 2) The ten year liability for the structural damage on the civil code is preserved. The traditional completion quarantie, repairing defects noted in 6 monthes after the reception, is also preserved on the standard contruct. 3) The benefit of the guarantee is not assigned to the successive owner. 4) The GIW covers, by insurance, the repair cost of defects liable to the registered builders only in the case of their defaults. 5) The GIW also compensates, by bond of banker or insurer, the loss of purchaser in case of the default of builder before the reception of building. 6) The quality standard of building is defined by GIW on the national building standards. 7) The housing project must be passed the examination of technical aptitude in the stage of the housing project registration. 8) The site inspection is done by the technical officers of the GIW who do not always commute but live locally. 9) The registration of builders is offered to applicants on the examination of their technical ability, financial stuation and execution standard of buildings. 10) The technical and financial soundness of a registered builder is also examined in the stage of each housing project registration. 11) The insurance adopted in the GIW scheme is a surety bond. 12) The insurance premium is about 0.35% of the building cost. 13) The dispute on the guarantee must be submitted to the GIW conciliation, the award of which has a binding power. 14) The dispute on the contruct of building is refered to the arbitration.
