Tarion protects deposits for new freehold homes and condominium units if the builder does not complete the sale, through no fault of your own. Your deposit is protected from the moment it is paid.

Deposits on freehold homes are protected up to $40,000 if the purchase agreement or construction contract was signed on or after February 1, 2003, or up to $20,000 if the purchase agreement or construction contract was signed before Febuary 1, 2003. 

1. Mail or fax your claim in writing to the Tarion corporate office, along with a copy of the first page of your Agreement of Purchase and Sale.
2. Once Tarion has received your information, you will be sent a deposit claim form.
3. You will then be required to provide a copy of your cancelled deposit cheque.