It is important to be clear on what stage of construction your property is at, since different types of coverage apply before, during and after the work.
Retour Buyer
Your coverage
| Before | During | After |
| Accredited Business Directory | Reimbursement of advance payments to a maximum of $50,000.
OR
Completion of work (under certain conditions) and within the financial limits provided for by the Regulation. |
Completion or repair of defects or poor workmanship that are apparent at the time of acceptance, to a maximum of :
•$300,000 for a detached, semi‑detached or row‑type single‑family dwelling that is not held in divided co‑ownership
•$200,000 per dwelling for a multifamily building, from a duplex to a quintuplex (maximum of $1,000,000 for a quintuplex)
• $300,000 per unit and $3,000,000 per project for a detached, semi‑detached or row‑type single‑family dwelling held in divided co‑ownership
• $200,000 per unit and $3,000,000 overall for residential units provided for in the declaration of co‑ownership for multifamily buildings held in divided co‑ownership. |
| Rigorous inspection program | Coverage for relocation, moving and storage, upon the presentation of vouchers and provided that no unjustified profit results therefrom, to a maximum of $6,000. | One‑year guarantee for the repair of poor workmanship that was not apparent at the time of acceptance, if notice of it is given within a reasonable time, to a maximum of :
$300,000 for a detached, semi‑detached or row‑type single‑family dwelling that is not held in divided co‑ownership
$200,000 per dwelling for a multifamily building, from a duplex to a quintuplex (maximum of $1,000,000 for a quintuplex)
$300,000 per unit and $3,000,000 per project for a detached, semi‑detached or row‑type single‑family dwelling held in divided co‑ownership
$200,000 per unit and $3,000,000 overall for residential units provided for in the declaration of co‑ownership for multifamily buildings held in divided co‑ownership. |
| Reimbursement of advance payments, to a maximum of $50,000 | Three‑year guarantee for the repair of latent (hidden) defects notified within a reasonable time, to a maximum of:
$300,000 for a detached, semi‑detached or row‑type single‑family dwelling that is not held in divided co‑ownership
$200,000 per dwelling for a multifamily building, from a duplex to a quintuplex (maximum of $1,000,000 for a quintuplex)
$300,000 per unit and $3,000,000 per project for a detached, semi‑detached or row‑type single‑family dwelling held in divided co‑ownership
$200,000 per unit and $3,000,000 overall for residential units provided for in the declaration of co‑ownership for multifamily buildings held in divided co‑ownership. |
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| Guarantee, for five years following the end of work, for repairs to faulty design, construction or execution or to an unfavourable nature of the ground, if notice is given within a reasonable time, to a maximum of:
$300,000 for a detached, semi‑detached or row‑type single‑family dwelling that is not held in divided co‑ownership
$200,000 per dwelling for a multifamily building, from a duplex to a quintuplex (maximum of $1,000,000 for a quintuplex)
$300,000 per unit and $3,000,000 per project for a detached, semi‑detached or row‑type single‑family dwelling held in divided co‑ownership
$200,000 per unit and $3,000,000 overall for residential units provided for in the declaration of co‑ownership for multifamily buildings held in divided co‑ownership.
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| Reimbursement of property storage, relocation and moving costs when the building is not inhabitable during corrective work, to a maximum of $6,000 | ||
| Restoration of the building and repair of material damage caused by the corrective work. |
Details
- The guarantee does not apply if the acceptance of the building or unit took place more than 24 months after the end of the work.
- The guarantee is transferable.
