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.
The process for reporting warranty items differs depending on your date of possession:
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- *common elements condominium: These are condominiums that consist only of common elements, but no units. For example, homes could be on separate pieces of land with facilities such as a golf course or recreational centre as the common elements condominium.
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- **vacant land condominium: Under this type of condominium corporation, the units can consist of vacant land, upon which, following registration, an owner can decide what to build. This type of corporation may be suitable for a mobile home development, for example.