Preconstruction

How Tarion New Home Warranty Works in Ontario: From PDI to Filing a Claim

How does Tarion new home warranty work in Ontario? Understand the 1-, 2-, and 7-year coverage, the PDI, the 30-day and year-end forms, MyHome claim timelines, and delayed-occupancy compensation. A broker's plain-English guide.

Buying Pre-Construction in Ontario: 7 Things to Watch Out For Before You Sign

Buying a pre-construction condo in Ontario? Know your 10-day cooling-off period, 15-20% staged deposits, occupancy fees, development charge caps, and Tarion deposit protection before signing. A broker's real-world guide.

Ontario’s Tarion New Home Warranty: What 1, 2, and 7-Year Coverage Means

Every new freehold home and new condo in Ontario carries a mandatory Tarion warranty. Here's what the 1-, 2-, and 7-year tiers cover, the deposit-protection caps, delayed-closing/occupancy compensation, what's excluded, the statutory claim forms, and how the HCRA now licenses builders separately from Tarion.

Interim Occupancy Fees on Pre-Construction Condos: The Phantom Rent Explained

On an Ontario pre-construction condo, you move in at occupancy but only take title at final closing. In between you pay an interim occupancy fee. Under the Condominium Act 1998 s.80(4) it equals interest on the unpaid balance + estimated taxes + projected common expenses — it builds no equity. Here's how it's calculated and how to budget.