Back to Blog

Beginning Feb 1, 2014, new legislation will determine minimum warranty requirements for new constrution in Alberta. The changes apply to new homes constructed under a building permit applied for after Feb 1 2014.

 

"All new homes (detached homes and condominiums) would at minimum, include a warranty for:

  • One year labour and materials;
  • Two years for defects in labour and materials related to delivery and distribution systems;
  • Five years building envelope protection, with a requirement for the warranty provider to offer the consumer the option to purchase additional years of coverage; and,
  • 10 years coverage for major structural components."

Details and information source - Alberta Municipal Affairs

 

What does the change mean for homeowners?

 

There are currently various warranty programs available to builders and consumers that offer various levels of protection and some warranty packages provide much less coverage than homeowners may expect. This is true for single family homes and condominiums (townhouses and apartments).  The New Home Buyer Protection Act is the provincial effort to manage this issue.

 

 

Comments

No comments

Post Your Comment:

Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.