Tarion New Home Warranty

New homes are usually built to a builders 'Schedule B', which lists exactly how the home will be built. From there, you have the option of adding 'upgrades'. There are hundreds of upgrades, the most popular being things like air conditioning, HRV systems, fireplaces, and then choose from our list of countless upgrades such as body wash shower systems, custom glass showers, custom interior doors, wood stained interior trim, etc. When selecting these upgrades, the cost of the home begins to increase with each choice made. All these customizing options can be discussed in the design process so you know exactly what the costs are to fit your personal budget. Customizing your home makes it your own. It depicts your style, taste and lifestyle.

The 30-Day Warranty

After moving into a new home, you may notice that one or more of the items listed on the PDI form have yet to be corrected to your satisfaction. In addition, you may find other items within the first 30 days that were missed during the PDI orientation or have become apparent since taking possession.
You should fill out and submit the 30-Day Form on or about the 25th day after the date of possession. The 30-day warranty ensures that your home is:

The One Year Warranty

Your home's statutory one year warranty coverage begins on the date you take possession of the home and ends on the day before the first anniversary of this date.
For example, if your home's date of possession is October 23, 2005, the one year warranty begins on October 23, 2005 and ends on October 22, 2006.

The Two Year Warranty

Your home's two year statutory warranty coverage begins on the date you take possession of the home and ends on the day before the second anniversary of this date. For example, if your home's date of possession is October 23, 2005, the two year warranty begins on October 23, 2005 and ends on October 22, 2007. The two year warranty is provided by your builder and covers:

The Seven Year Warranty

Your home's seven year warranty covers major structural defects (MSD) and begins on the date you take possession of the home and ends on the day before the seventh anniversary of that date. For example, if your home's date of possession is October 23, 2005, the seven year MSD warranty begins on October 23, 2005 and remains in effect until and including October 22, 2012. A major structural defect is defined as:

The seven year MSD warranty includes significant damage due to soil movement, major cracks in basement walls, collapse or serious distortion of joints or roof structure and chemical failure of materials.
In addition to the general exclusions, the seven year MSD warranty specifically excludes:
dampness not arising from failure of a load-bearing portion of the building; damage to drains or services; and damage to finishes.

From Tarion.ca website