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How to build age warranty

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Amanda Payne from Fishers Solicitors in Ashby discusses the NHBC 10-year warranty for new build properties. For the first two years, go to the builder for major issues, then to NHBC for the remaining eight years. NHBC will send a surveyor to inspect and fix any damage. Snagging issues, like paint touch-ups, are separate from warranty claims.

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How long is a builder responsible for a new build?

The contractor has a responsibility to rectify any defects within the first 12 months from when the building is first completed (not from the time that you bought your home). This is called the 12 month defect liability period.

What is the warranty limit on Tarion?

Coverage Limits The maximum statutory warranty coverage available for freehold homes and condominium units is $300,000. The maximum coverage for condominium common elements is $100,000 multiplied by the number of units, up to a maximum of $3.5 million.

What is covered under 10 year warranty?

10 years: Some builders give coverage for up to 10 years for major structural defects, sometimes defined as problems that make a home unsafe and put the owner in danger. For example, a roof that could collapse is a major structural defect.

What is covered under Tarion 7 year warranty?

Seven-Year Warranty These include: Defects in work or materials that affect a structural loadbearing element of the home, resulting in an actual structural failure. Defects in work or materials that materially compromise a structural loadbearing element of the home, even if failure has not occurred or is not imminent.

Is Tarion warranty mandatory in Ontario?

Anyone building (builder) or selling (vendor) a new home in Ontario is required to be registered with Tarion, and each new home must be enrolled with Tarion. The statutory warranties apply even if the vendor is not registered or if the builder fails to enrol the home.

How does Tarion warranty work?

If Tarion assesses an item as warranted, your builder will have 30 days to repair or resolve the item. If your builder does not resolve it, Tarion will resolve it directly with you.

How long is the Tarion warranty?

Seven-year warranty against major structural defects. In addition, builders of condominium conversion projects and vendors selling units in these projects must also be registered with tarion.

What warranty does not cover?

In conclusion, there are many things that are not covered by an extended warranty. These include normal wear and tear, improper installation, improper usage, damage from natural disasters, and long-term environmental damage.

What is the warranty limit on tarion?

Coverage Limits The maximum statutory warranty coverage available for freehold homes and condominium units is $300,000. The maximum coverage for condominium common elements is $100,000 multiplied by the number of units, up to a maximum of $3.5 million.

What does a 10 year warranty mean?

What Is Covered In A 10 Year Warranty? If you read the fine print, the 10 year warranty is a limited powertrain warranty. This means that only selected engine, transmission, and transaxle parts are covered. Any other part that fails has other coverage terms.

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