So what is Tarion Warrantie anyway?
Tarion is a non-profit corporation that administers the Ontario New Home Warranties Plan Act. It is responsible for protecting the rights of new homebuyers in Ontario, Canada. Tarion’s mandate is to ensure that builders follow the building code and to provide warranty protection for new homes.
When purchasing a new home in Ontario, Tarion provides buyers with a warranty protection plan. This plan ensures that the home is built to the standards set out in the Ontario Building Code. It also provides buyers with protection against major structural defects and other issues that may arise during the first few years of owning the home.
Tarion is responsible for ensuring that builders are licensed and registered in Ontario. They also oversee the process of new home construction and make sure that builders follow the rules and regulations set out in the Ontario Building Code.
If a new homebuyer experiences any problems with their home, they can contact Tarion for help. Tarion will investigate the issue and work with the builder to resolve it. If necessary, Tarion can also provide financial compensation to the homeowner to cover the cost of repairs or other expenses related to the issue.
Tarion also provides educational resources for new homebuyers. They offer tips and advice on buying a new home, understanding the warranty protection plan, and dealing with any issues that may arise after the purchase.
In summary, Tarion is an important organization that helps protect the rights of new homebuyers in Ontario. It provides warranty protection, oversees the building process, and ensures that builders follow the rules and regulations set out in the Ontario Building Code. If you are planning on purchasing a new home in Ontario, it’s important to understand the role that Tarion plays in protecting your investment.