1) DEPOSIT PROTECTION*
The initial deposit for the purchase of your new home is protected up to a maximum of $50,000 in the event
the deposit becomes legally refundable and cannot be recovered because of bankruptcy, default, insolvency or fraud
on the part of the builder. It does not cover reimbursement because of a contract dispute between the parties.
2) WORKMANSHIP AND MATERIALS PROTECTION- ONE YEAR*
All Registered Builders are required to warrant that the house is constructed in accordance with
the building standards prescribed by the Province of Saskatchewan and the New Home Warranty
"Construction Performance Standards" that the house is free from defects in workmanship
and materials for a period of one year from the date of possession.
WATER LEAKS PROTECTION - TWO YEARS*
Registered Builders warrant that the building envelope (roof, exterior cladding, windows and doors)
and the basement foundation walls will be free of exterior water penetration for two years from
4) MAJOR STRUCTURAL DEFECTS PROTECTION - TEN YEARS*
All Registered builders warrant that your home will be protected against Major Structural Defects
for ten years from the date of possession. Major Structural Defects mean defects in workmanship
or material which have or are likely to have an adverse effect on the performance of the load
bearing portion of the home such as footings, piles, basement walls, beams, floor joists,
teleposts, load bearing walls, and roof trusses.
*For Single Family Homes enrolled after January 1, 2017 or Condominium Projects approved after 2017.
Homes enrolled prior to January 1, 2017 or condo projects approved prior to January 1, 2017 would automatically
have five year major structural warranty coverage, instead of ten years.
*Please refer to the warranty certificate for full details, or call for more information.
*The remaining warranty is transferable to subsequent purchasers. The remaining term of the
warranty coverage is automatically transferrable to any person(s) who subsequently become
the registered owner(s) of the home.