EX-25.1 15 a2172554zex-25_1.htm EX-25.1
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Exhibit 25.1



SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM T-1
STATEMENT OF ELIGIBILITY UNDER
THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2)


U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)

31-0841368
(I.R.S. Employer Identification No.)

800 Nicollet Mall
Minneapolis, Minnesota

(Address of principal executive offices)
    
55402

(Zip Code)

Richard Prokosch
U.S. Bank National Association
60 Livingston Avenue
St. Paul, MN 55107
(651) 495-3918
(Name, address and telephone number of agent for service)

Beazer Homes USA, Inc.
(Issuer with respect to the Securities)

Delaware
(State or other jurisdiction of incorporation or organization)
  58-2086934
(I.R.S. Employer Identification No.)
1000 Abernathy Road, Suite 1200
Atlanta, Georgia

(Address of Principal Executive Offices)
    
30328

(Zip Code)

8.125% Senior Notes due 2016
(Title of the Indenture Securities)





FORM T-1

Item 1.    GENERAL INFORMATION.    Furnish the following information as to the Trustee.

    a)
    Name and address of each examining or supervising authority to which it is subject.

        Comptroller of the Currency
        Washington, D.C.

    b)
    Whether it is authorized to exercise corporate trust powers.

        Yes

Item 2.    AFFILIATIONS WITH OBLIGOR.    If the obligor is an affiliate of the Trustee, describe each such affiliation.

        None

Items 3–15    Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

Item 16.    LIST OF EXHIBITS:    List below all exhibits filed as a part of this statement of eligibility and qualification.

    1.
    A copy of the Articles of Association of the Trustee.*

    2.
    A copy of the certificate of authority of the Trustee to commence business.*

    3.
    A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*

    4.
    A copy of the existing bylaws of the Trustee.*

    5.
    A copy of each Indenture referred to in Item 4. Not applicable.

    6.
    The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

    7.
    Report of Condition of the Trustee as of March 31, 2006 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.

*
Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

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SIGNATURE

        Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of St. Paul, State of Minnesota on the 2nd of August, 2006.

      By: /s/  RICHARD PROKOSCH      
Richard Prokosch
Vice President

By:

/s/  
RAYMOND HAVERSTOCK      
Raymond Haverstock
Vice President

 

 

 

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Exhibit 6

CONSENT

        In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: August 2, 2006

      By: /s/  RICHARD PROKOSCH      
Richard Prokosch
Vice President

By:

/s/  
RAYMOND HAVERSTOCK      
Raymond Haverstock
Vice President

 

 

 

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Exhibit 7

U.S. Bank National Association
Statement of Financial Condition
As of 3/31/2006

($000's)

 
  3/31/2006
Assets      
  Cash and Due From Depository Institutions   $ 7,050,967
  Securities     39,215,391
  Federal Funds     3,114,744
  Loans & Lease Financing Receivables     135,184,791
  Fixed Assets     1,737,385
  Intangible Assets     11,754,046
  Other Assets     10,882,988
   
    Total Assets   $ 208,940,312
   
Liabilities      
  Deposits   $ 132,810,195
  Fed Funds     12,304,517
  Treasury Demand Notes     0
  Trading Liabilities     252,318
  Other Borrowed Money     28,673,468
  Acceptances     0
  Subordinated Notes and Debentures     6,432,494
  Other Liabilities     6,859,284
   
    Total Liabilities   $ 187,332,276
   
Equity      
  Minority Interest in Subsidiaries   $ 1,029,155
  Common and Preferred Stock     18,200
  Surplus     11,804,040
  Undivided Profits     8,756,641
   
    Total Equity Capital   $ 21,608,036
   
    Total Liabilities and Equity Capital   $ 208,940,312
   

        To the best of the undersigned's determination, as of the date hereof, the above financial information is true and correct.

U.S. Bank National Association

By: /s/  RICHARD PROKOSCH      
Vice President
     

Date: August 2, 2006

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FORM T-1
SIGNATURE
CONSENT
U.S. Bank National Association Statement of Financial Condition As of 3/31/2006