Home Owner Warranty - Toronto Condos - Tarion Warranty Program

Your new Tridel condo comes with an extensive warranty program and is guaranteed by Tarion (formerly ONHWP - Ontario New Home Warranty Program), a private corporation that protects the statutory warranty rights of new home buyers under the Ontario New Home Warranties Plan Act. Every new home and condo built in Ontario is designed to meet or surpass both the structural requirements and the health and safety standards of the Ontario Building Code. In addition to providing warranty coverage for the individual unit, (up to a maximum of $150,000), Tarion provides warranty coverage for the common elements of the condominium , (up to a maximum of $2. This package explains how the new home warranty process works including how to submit a claim to Tarion and outlining the time lines to respond to complaints. The builder warrants that the home is free from defects in work and materials, is fit to live in and meets the Ontario Building Code requirements. The builder warrants for 7 years that there are no major structural defects, which are defined as any defect in material or work that results in the failure of a load-bearing part of the home’s structure, or any defect in material or work that significantly and adversely affects the purchaser’s home. read more

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