It is prudent to address any warranty concerns as early as possible since there are various timelines with specific coverage. The following is an overview of what is covered for the common property of strata corporations.
- 15 Month- Covers any defects in materials and labour or violations of the Building Code (subject to conditions).
- 24 Months- Covers defects in materials and labour supplied for electrical, plumbing, HVAC, as well as for the exterior cladding, caulking, doors and windows (some limits apply) and violations of the Building Code (subject to conditions).
- 5 Year- Covers building envelope defects, this includes the components that separate the indoors from the outdoors including the foundation , roof , windows and doors including a defect that permits unintended water penetration such that it causes, or is likely to cause, material damage to the new home.
- 10 Year- Covers defects in material and labour that result in the failure of load bearing parts of the new home.