The act and regulations are amended periodically and describe the new home warranty plan including the coverage and the requirements for builder and vendor registration and enrolment of homes.
Ontario new home roof warranty.
At smart roofing we provide a 10 or 12 year workmanship warranty depending on the type of roof shingle purchased and we guarantee to repair or replace any defect in workmanship within the warranty period without any expense to the homeowner.
This type of warranty protects against defects in the installation process and offers coverage anywhere from 2 to 5 to 10 years but the average differs among contractors with 10 years being the more current average.
Whether you are a builder vendor or owner of a new property in ontario you should know that most new homes in ontario are covered by a new home warranty.
A roof workmanship warranty is a contractor roof repair warranty which means that the roofing contractor that completed the original installation will take responsibility for both material and labor issues.
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The maximum combined coverage for a condominium project units and common elements is 50 million.
The maximum coverage for condominium common elements is 50 000 times the number of units up to a maximum of 2 5 million.
The maximum statutory warranty coverage available for freehold homes and condominium units is 300 000.
The ontario government through the ministry of consumer services has empowered tarion to administer and enforce the ontario new home warranties plan act and regulations.
The workmanship warranty protects a home owner against any defect of workmanship on the roof installation.
Tarion new home warranty.