New home owners benefit from One Year Warranty Protection
and Two Year Warranty Protection
against defects in work and materials, and Seven Year Warranty Protection
against major structural defects (MSD).
Warranty coverage begins on the date of possession of a home or condominium unit, and remains in effect until the end of the warranty period, even if the home is sold before the warranty expires.
For condominiums, warranty coverage also includes the shared areas of the building, referred to as the common elements
. Coverage for common elements begins on the day the condominium corporation is registered. However, there is no warranty coverage for common elements condominiums* or the common elements of vacant land condominiums**.
After taking possession of their new home, homeowners should note the specific anniversary dates of the first, second and seven year warranties. For example, if the possession date of a home is August 5, 2003 the first year warranty would expire at midnight on August 4, 2004; the second year warranty would expire at midnight on August 4, 2005; and the seven year warranty would expire at midnight on August 4, 2010. Tarion cannot respond to complaints unless there is written proof that the problem was reported to us within the applicable warranty period.