The Rebuilding Consumer Confidence Act, 2020 was passed on July 14, 2020 and included amendments to the Ontario New Home Warranties Plan Act to support Tarion's continued role in administering new home warranties and protections if the New Home Construction Licensing Act, 2017 is proclaimed into force.
To ensure Tarion is able to focus on administering warranties and protections for purchasers of new homes once it no longer has responsibility for registering new home builders and vendors, Tarion is required to amend some of its current regulations. In addition, these changes will support the proposed designation of a regulatory authority under the New Home Construction Licensing Act, 2017. Your feedback will help to inform Tarion's regulatory changes to support implementation of these key government initiatives.
Tarion is seeking public input on the following areas:
- A new requirement that vendors attach a Warranty Information Sheet to purchase agreements to provide clear and helpful warranty and other information to the consumer at the point of sale.
- The evaluation criteria that should have to be met for a home to qualify for enrolment, and for a home to be enrolled, in the Ontario New Home Warranty and Protection Program so that a vendor or builder can sell or build a new home.
- The provisions that should be included in standard vendor and builder agreements with Tarion.
- Temporary changes to registration renewal to allow for a seamless transition of this responsibility to the regulatory authority, if one is designated.
Thank you in advance for your invaluable feedback. For information on the proposed improvements, please view the Q&A available here. We look forward to receiving your comments by October 19, 2020, through Ontario's Regulatory Registry or at firstname.lastname@example.org.