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Tarion Warranty Coverage

Protection for New Homes and Condos

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Welcome the the Superior Blog.

Our monthly blog will post many interesting topics and discussions.

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maintenanceNewly developed homes will likely have Tarion Warranty. This warranty provides assurance on the quality of workmanship and serviceability of a livable home. If problems or inconveniences arise without owner’s intervention then under the Tarion Warranty, the builder should be responsible for repairs.

On average 25 deficiencies are documented during the course of a home warranty inspection. Approximately 80% of these concerns are outside the homeowner’s awareness.

If these concerns are left unattended to then over the course of time, safety or health issues may arise.

Utilizing a Home Inspection Report from an independent Certified Home Inspector can help provide quality awareness and education for a home owner. Coupled with Tarion Warranty, any financial burden can be transferred to the builder.

A house is an expensive investment and utilizing a Home Inspection Report and Tarion Warranty helps protect your investment.

Superior Home Inspectors specializes in Home Warranty Inspections. Our report utilizes pictures and simple dialogue creating an easy to read experience.

We are not affiliated with the Tarion warranty program.

For further Tarion Information, please visit www.tarion.ca


Tarion Warranty Coverage Time Line

 

Tarion Warranty Coverage and Protection for New Homes and Condominiums:

 

The One Year Warranty

  • Requires that your home is constructed in a workman-like manner and free fromdefects in material;
  • Ensures your home is fit for habitation;
  • Protects your home against Ontario Building Code violations;
  • Ensures your home is free of major structural defects.

 The Two Year Warranty

  • Protects your home against water penetration through the basement or foundationwalls;
  • Protects your home against defects in materials, including windows, doors andcaulking, or defects in work that result in water penetration into the building envelope;
  • Provides coverage for defects in work or materials in the electrical, plumbing andheating delivery and distribution systems;
  • Provides coverage for defects in work or materials which result in the detachment,displacement or deterioration of exterior cladding (such as brickwork, aluminum orvinyl siding);
  • Protects against health and safety violations under the Ontario Building Code;
  • Ensures your home is free of major structural defects.

The Seven Year Warranty

  • Provides coverage for any defect in work or materials that result in the failure of aload-bearing part of your home’s structure or materially and adversely affects its load-bearing function.
  • Provides coverage for any defect in work and materials that significantly and adverselyaffects the use of the building as a home.

The aggregate maximum warranty coverage for new homes and condominium units is $300,000*. The maximum coverage for condominium common elements is $50,000 times the number of units, to a maximum of $2.5 million.

 

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