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    What is Tarion New Home Warrant coverage?
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    Every new home in Ontario is protected by a mandatory warranty that is provided by the builder and guaranteed by Tarion Warranty Corporation. This warranty coverage is outlined in the Ontario New Home Warranties Act. The coverage under the Act includes deposit protection, protection against defects in work and materials, protection against unauthorized substitutions and protection against delayed closings or delayed occupancies without proper notice. For condominiums, warranty coverage also includes common/shared areas of the building. The aggregate maximum warranty coverage for new homes and condominium units is $300,000.00. The maximum coverage for condominium common elements is $50,000 times the number of units, to a maximum of $2.5 million. For complete details on Tarion Warranty Coverage please see the Tarion website at

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