Almost everyday I get asked “What is 2 5 10 warranty?” The 2 5 10 year warranty was developed as a minimum home warranty insurance for new home construction not being built by the home owner themselves.
The 2 year portion covers the labour and materials of the home (some limitations apply). In general, this includes electrical, plumbing, heating, ventilation, air conditioning etc…
The 5 year portion covers the building envelope including unintended water penetration.
The 10 year portion covers the structure of the home. For renovations very often none of this need apply, however I follow the same principle for warranties, I give a two year, five year or ten year warranty depending on what you are asking me to do.