The Two
Year Warranty
 
The Seven
Year Warranty
 

 

Your home’s statutory warranty begins before you move in, providing both deposit protection and compensation for Delayed Closing. After you move in, there are three specific statutory warranties: the one year warranty, the two year warranty and the seven year warranty covering major defects.


 

You are entitled to warranty coverage up to a maximum of $300,000 for most types of claims covered by the one, two and seven year warranties. There is a maximum of $15,000 for warranted damage caused by environmentally harmful substances or hazards, and a maximum of $25,000 for coverage of septic systems.

If you have received a payment from another party or other benefit in respect of warranted items, any payment due from Tarion will be reduced by the amount of such payment or benefit.