Homeowner Information Package
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If you signed your agreement of purchase and sale before January 1, 2018, your deposit is protected by Tarion up to a maximum of $40,000.
If you signed your agreement of purchase and sale on or after January 1, 2018, your deposit coverage depends on the sale price of your new home. Please refer to the table below:
|Sale Price||Deposit Coverage|
|$600,000 or less||Up to $60,000|
|Over $600,000||10% of purchase price
(to a maximum of $100,000)