What is the Tarion Warranty?

The Tarion Warranty offers a level of protection that is essential for any new homebuyer. It serves as a safety net against potential construction-related issues and provides you with legal recourse should any defects arise during the early years of homeownership.

This warranty is structured to ensure that your new home meets the highest standards and remains a source of comfort and pride. The protections include financial security during the pre-possession phase, ensuring that your deposit is protected, and continue well into the ownership phase, covering various potential defects that could impact your home’s value or livability.

Here’s a snapshot of the core protections the Tarion Warranty offers: 

• Pre-Possession Financial Protection: 

Before you take ownership of your home, the Tarion Warranty offers financial safeguards that protect your deposit and provide compensation in the event of delayed closings or condominium project cancellations. This also includes protection for contract homes, ensuring that financial risks associated with the construction of your custom home are minimized. 

• Post-Possession Coverage: 

Once you take possession of your new home, the Tarion Warranty provides protection for up to seven years. This coverage is tiered into three main periods: 

• One-Year Warranty: Covers defects in workmanship and materials, ensuring that your home meets the highest construction standards. 
• Two-Year Warranty: Provides protection against water penetration, defects in mechanical and electrical systems, and issues with the home’s envelope, such as windows and doors. 
• Seven-Year Warranty: Safeguards against major structural defects, ensuring the long-term stability and safety of your home. 

These protections ensure that every new homeowner has recourse in the event of construction-related issues, providing both immediate and long-term security. 

The quality of your new home depends heavily on the builder you choose. At Leaside Living, our dedication to quality, efficiency, and reliability is reflected in every aspect of the homes we build. Partnering with a reputable, Tarion-registered builder like us ensures that your home not only meets Ontario’s rigorous construction standards but is also backed by a comprehensive warranty for your protection.

By choosing Leaside Living, you are investing in more than just a home. You are investing in a partnership with a builder that is committed to standing by its product. Should any issues arise, our team is ready to assist you, ensuring that your experience is seamless and that your warranty rights are upheld every step of the way.