Home Inspector Report - Important Update on Home Enrolment Fees and Seeking Feedback on Additional Changes
December 11, 2020
Tarion's Home Inspector Report provides you with information and updates about the new home warranty that will help you in the course of your professional duties.
Home inspectors play an important role in the new home buying journey, from walking clients through the importance of the Pre-Delivery Inspection (PDI), to helping customers complete their warranty forms. That is why we are pleased to share with you some important information.
Tarion Reducing Home Enrolment Fees
Following public feedback received earlier this year, Tarion is moving forward with a reduction in home enrolment fees under the new home warranty and protection program.
Effective February 1, 2021, Tarion will be lowering home enrolment fees by $55 per enrolment which will reduce the average enrolment from $1,080 to $1,025.
Additionally, in partnership with the Home Construction Regulatory Authority (HCRA), Tarion is proposing to collect the HCRA Regulatory Oversight Fee, on behalf of the HCRA at the time the builder enrols the home with Tarion.
For more information on the HCRA fees please visit their website.
This will allow Tarion and the HCRA to prevent added regulatory burden on builders, leveraging Tarion's existing enrolment fee process to collect both clearly identified fees and provide builders with a "one window approach" that would satisfy the enrolment process requirements for both Tarion and the HCRA.
We Want to Hear from You
On February 1, 2021, the HCRA will be designated as the regulator of new home builders and vendors under the New Home Construction Licensing Act, 2017. At that time, Tarion will no longer be responsible for registering builders and vendors of new homes but will continue to administer the warranties and protections under the Ontario New Homes Warranties Plan Act.
Due to these changes, Tarion will need to adjust its operational policies. Tarion is therefore consulting on proposed changes, including:
- Eliminating certain Builder Bulletins and updating others to address changes to Tarion's mandate following the launch of the HCRA;
- Creating four new Registrar Bulletins; and
- Developing new standardized Vendor and Builder Agreements to align with the new home enrolment process.
Additionally, Tarion will be renaming existing and new bulletins as "Registrar Bulletins" and re-numbering them to provide a coherent and sequential framework.
These changes will help support a smooth transition for the launch of the new regulatory authority. Your feedback will help to inform Tarion's policy changes to support implementation of this key government initiative.
We look forward to receiving your comments by January 15, 2021 at email@example.com.