Tarion is the regulator of the new home building industry in Ontario, and in this role, they license all new home and condominium builders in the province and ensure that all new homeowners receive the new home warranty coverage that they are entitled to by law.

When you buy new housing unit and re-sell without first occupying it, you have specific obligations under the Ontario New Home Warranties Plan Act.

You are required to submit an Application for Registration as a ‘Vendor' to Tarion Warranty Corporation, meeting specific terms and conditions.

The Seller is responsible for the Deposit Protection, Delayed Closing and any material changes made after purchase from the builder. They are further required to provide Tarion with written confirmation that the builder will provide necessary warranty service or alternatively, specify how they will provide it.

In addition, Tarion points out that the warranty start date is the date of possession of the owner who occupies the unit. The new owner should be provided with the ‘Homeowner Information Package' outlining the warranty coverage.


For more information visit http://www.tarion.com/