Home warranties to change

All Albertans who buy a new home will have warranty coverage for their purchase under new legislation

  • Nov. 1, 2012 6:00 p.m.

All Albertans who buy a new home will have warranty coverage for their purchase under new legislation proposed by the Alberta government.

Bill 5, the New Home Buyer Protection Act, introduced in the legislature recently, requires builders to provide home warranty coverage for all new homes built in the province starting in fall 2013.

“While most homes in Alberta are built to stand the test of time, if things do go wrong, homeowners will have stronger protection to get their homes repaired,” said Municipal Affairs Minister Doug Griffiths.

Under the proposed legislation, 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.

It is expected that the new home warranty would cost about $1,700 to $2,000 for an average home or less than one per cent of the cost of the average house.

Just Posted

Three-year collective agreement reached for Lodge employees

Highlights include wage increases and more evenly distributed on-call work

Ice fisherman hooks massive catch from Sylvan Lake

Ron Rivard caught the 43 inch jackfish this morning

Sylvan Laker running for UCP candidate

Victor Sloboda is running for UCP Candidate for the upcoming MLA by-election

Gayle Langford adds name to UCP candidate contest

Langford is one of six running for the UCP candidacy

Former MLA Don MacIntyre’s case adjourned

MacIntyre’s case will be seen in court again in April

Ottawa proposes restricted pot labels, packages

Packaging will include red stop sign with marijuana leaf and ‘THC’

Senate backs bill to legalize recreational marijuana

Justin Trudeau reminded senators that his government was elected on a promise to legalize pot

Break and enter to Ponoka farm home while resident was inside

Caucasian suspects quickly entered the home and stole several items Tuesday afternoon

10-15 cm expected for parts of Central/Northern Alberta

Lacombe and south can expect around 2-7 cm of snow today and into tonight

Heavy ice off Canada coast strands pod of dolphins, fixating small town

The small Newfoundland community, Heart’s Delight, is fixated on plight of trapped dolphins

Foreign election interference a reality, says Trudeau after Putin re-election

Trudeau said the heavy use of social media and interference by foreign actors are the new reality in elections.

Canadians joining #DeleteFacebook amid fears of electoral meddling

Privacy experts say numerous Canadians are taking to other social media platforms to join in on the #DeleteFacebook hashtag

Schools close as spring snow storm tracks toward Maritime provinces

Schools are closing across the Maritime provinces as a spring snow storm tracks towards the region.

Son of late Canadian professor fights for mother’s release from Iran

Mehran Seyed-Emami’s father, an Iranian-Canadian professor, died in an Iranian jail after being accused of spying.

Most Read