Protecting your most important investment

 Your new home must meet or surpass the structural requirements and health and safety standards of the Ontario Building Code. And like every new home in Ontario, it is protected by mandatory warranties provided by your builder and backed by Tarion Warranty Corporation (“Tarion”).

Tarion is a non-profit, private corporation established in 1976 to protect the rights of new home buyers and
regulate new home vendors and builders
1: according to the terms of the Ontario New Home Warranties
Plan Act (the “Act”). Not only does the Act require builders in Ontario to provide new home warranty
coverage, but they must also be registered with Tarion and enrol every new home prior to the start of
construction. Tarion is also responsible for managing a guarantee fund to ensure that builders honour the
statutory warranties
2: and for enforcing the overall terms of the Act.

Moving into your new home is an exciting and busy time, however, it is important that you set aside some
of that time to carefully read through and understand your rights and responsibilities when it comes to
your new home’s warranty. Here, you’ll find all you need to know about your home’s statutory warranties,
the responsibilities of both you and your builder, and how Tarion handles statutory warranty claims.