A new home may be the most significant purchase you ever make. In addition to the financial commitment, there are a number of lifestyle and home design options you may need to consider.
Tarion provides important protection before and after your new home purchase.
When you buy a new home in Ontario, you enjoy the benefits of a comprehensive builder warranty. In fact, this warranty begins before you even move in. Once you provide the down payment for your new home, it’s protected. You also have the right to compensation if your builder delays the closing of the sale without giving you proper notice.
Before you take possession of your new home or condominium, your builder will walk you through a pre-delivery inspection (PDI).
Tarion provides a PDI Checklist to help you ensure that this critical inspection is thorough and complete. After moving in, you’re entitled to a 1 Year, 2 Year and 7 Year warranty against defects in work and materials. This warranty comes with certain obligations, so it’s important to understand the statutory warranty process. For more information, please visit the official Tarion website.