Introduction To The Tarion Warranty

Tarion offers warranties against major structural failures in your new home for seven years.

If you’re shopping for a new home, you’ve no doubt come across the words “Tarion Warranty” on more than one website.

But what is the Tarion Warranty? What does it mean for you? 

Established in 1976, Tarion is a private corporation that regulates new home builders and protects your rights as a homebuyer.

Besides providing you with deposit protection and acting as an intermediary between your builder and you in the case of a dispute, Tarion is responsible for administering the Ontario New Home Warranties Plan Act, which outlines the warranty protection that you get as the buyer of a new home.

Specifically, Tarion offers warranties against major structural failures in your new home for seven years. It also guarantees against defects in workmanship and materials for one or two years.

(As we wrote in a previous blog post, this is precisely the warranty that sets apart new homes from old ones — and one of the main reasons why it’s in your benefit to purchase a new home.)

Every Step of the Way

  • As per Tarion’s recommendations, one of the first steps you should take is to ensure that your builder is registered with Tarion. (we are.)
  • Next, review the Tarion Homeowner Package, which outlines your new home's statutory warranty, the responsibilities of both you and your builder, and how Tarion will handle a warranty claim, should there be one.
  • A Pre-Delivery Inspection (PDI) will take place once your home’s construction is almost done. This is a walk-through of the home, which will allow you to conduct an inspection and make note of any items that are either unfinished or not done to your satisfaction. (It pays to prepare yourself in advance by reading and bringing Tarion’s PDI checklist.)

    During the PDI, we’ll also explain the operation of the equipment and systems in your home and provide you with the manufacturers’ warranties. The goal? To help you understand how your home works and which steps you can take to keep it in peak operating condition.

Summary

Tarion exists for the purpose of ensuring us builders adhere to the applicable provincial laws and that homeowners like you know you’re getting a home of the highest quality. That’s why we’re extremely proud of both our record with Tarion and the Tarion awards we’ve received.

Buying a home can seem like complicated process. We hope this blog post will help you understand part of this process. For more information on buying a home, please review the appropriate section on our website, which includes useful links, a mortgage calculator, and a FAQ section.

Now we turn it over to you — do you have any questions about the Tarion warranty or any other part of the home buying process? Post it in the comments section below or on our Facebook page!