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Delayed Closing Coverage

Under the delayed closing warranty, the builder guarantees that the home will be ready to move in either by a date specified in the purchase agreement or by a date that has been properly extended if circumstances occur that delay the home's completion. In many cases, the builder will be required to compensate the purchaser if a delay occurs.
 
For more information about delayed closings and occupancies, including Addenda and Statement of Critical Dates calculators, please see below.

Delayed Closing Protection

To learn more about Delayed Closing protection, click on the link below that corresponds to the signing date of the purchase agreement:

The forms originally posted have now been replaced with the PDF interactive forms below. Builders should be using the newly posted forms of the Addenda as these new forms now include the arbitration provision (s.15 of the freehold and condominium forms and s.16 of the POTL/CEC form).
 
These will come into effect on October 1, 2012, however, they are optional to use after July 1st, 2012. 

If your new freehold home's purchase agreement was signed on or after July 1, 2008, click on the link below that corresponds to your type of closing to download an addendum: 

However, if project viability conditions are permitted and included in your purchase agreement or the deal is conditional on the sale of the purchaser's existing home, you must use one of the forms below:

Statement of Critical Dates Calculator
 
To create an Addendum with a Statement of Critical Dates, click on the link below:

To view or download a Statement of Critical Dates paper calendar, click on the link below:

    

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