TARION

Builders in Ontario are deemed to provide statutory warranty coverage as described in the Ontario New Home Warranties Plan Act.

This coverage includes:

  • Protection for deposits;
  • Protection against Financial Loss for Contract Homes;
  • Compensation for delays in closing or occupancy;
  • Protection against unauthorized substitutions;
  • One and two year warranties for certain defects in work and materials;
  • A seven year warranty for major structural defects; and
  • Coverage for condominium comm​on elements​ (the common or shared area of condominium buildings.)