Sec. 7. As used in this chapter, "warranty date" means the following:
(1) In the case of a new home, the date of the first occupancy of the new home as a residence by one (1) of the following:
(A) The builder.
(B) An individual renting the home from the builder.
(C) An individual living in the home at the request of the builder.
(D) The initial home buyer.
(E) An individual renting the home from the initial home buyer.
(2) In the case of a model home, the date that the home was first used as a model home.