Guarantee Plan
For New Residential Buildings
Buildings with contracts signed or work begun on December 31, 2014, or before are registered with the administrator La Garantie Abritat inc. or Qualité Habitation.
Those buildings have a maximum total coverage amount of $260,000 for all of the coverage. Here are 4 categories of coverage and the maximum amount of indemnity for each of them:
Partial payments are protected up to a maximum of $39,000.
Expenses incurred for relocation, moving, and storage of your property can be reimbursed to you when you provide supporting documentation, on the condition that there is no unjustified profit on your part. The maximum allowed is $5,500 for:
Number of people | Maximum daily amount |
1 | $85 |
2 | $110 |
3 | $140 |
4 | $170 |
Consult the following tables to know the amounts allocated for the completion of work and the repair of defects and poor workmanship.
Building type | Amount allocated |
---|---|
House | The amount indicated in the contract up to a maximum of $260,000 |
Building held in divided co-ownership (e.g., condo) | The amount indicated in the contract, up to a maximum of $260,000, without exceeding $2,600,000 for all the units included in the project |
Building type | Amount allocated |
---|---|
House | The lesser of the following amounts:
|
Building held in divided co-ownership (e.g., condo) | The lesser of the following amounts:
|
Concerning the obligation of ensuring the water supply, in quantity as much as quality, consult the table below to know the maximum amounts allocated for the damages you sustained.
Building type | Amount allocated |
---|---|
House | $260,000 |
Building held in divided co-ownership (e.g., condo) | $260,000 per dwelling unit and $2,600,000 for all the units |
Be aware! If you sign a job contract, make sure it includes the obligation concerning the water supply.