Purchasers of new homes in Ontario are protected by statutory home warranty coverage backed by Tarion Warranty Corporation. In addition to deposit protection and delayed closing protection, there is protection against significant defects in the building itself. Click the tabs below for information on the basics of the warranty.
Coverage:
- Defects in materials and workmanship
- Ontario Building Code violations
- Including items covered by the two year and seven year warranties.
Coverage:
- Ontario Building Code violations (Health and Safety Only)
- Water leakage through the foundation, roof, or walls
- Defects in the electrical, plumbing and heating systems
- Defects in the exterior cladding
- Including items covered by seven year warranty.
Coverage:
- Major Structural Defects.
You are eligible for coverage up to $300,000 for most types of claims covered by the one, two and seven year warranties.
For more information on Warranty coverage, visit the Tarion web site at http://www.tarion.com/Warranty-Protection/Pages/default.aspx