ABOUT OUR TARION WARRANTY
YOUR NEW HOME MUST MEET OR SURPASS THE STRUCTURAL REQUIREMENTS AND HEALTH AND SAFETY STANDARDS OF THE ONTARIO BUOLDING CODE, AS PRE THE ONTARIO NEW HOME WARRANTIES PLAN ACT (THE “ACT”). TARIO WARRANTY CORPORATION IS A NON-PROFIT, PRIVATE CORPORATION ESTABLISHED IN 1976 TO PROTECT THE RIGHTS OF NEW HOME BUYERS AND REGULATE NEW HOME VENORS AND BUILDERS ACCORDING TO THE TERMS OF THE ACT. NOT ONLY DOES THE ACT REQUIRE BUILDERS IN ONTARIO TO PROVIDE NEW HOME WARRANTY COVERAGE, BUT THEY MUST ALSO BE REGISTERED WITH TARION AND ENROLL EVERY NEW HOME PRIOR TO THE START OF CONSTRUCTION. TARIO IS ALSO RESPONSIBLE FOR AMNAGING A GUARANTEE FUND TO ENSURE THAT BUILDERS HONOUR THE STATUTORY WARRANTIES, AND FOR ENFORCING THE OVERALL TERMS OF THE ACT.