For New Residential Buildings
The Guarantee Plan for New Residential Buildings does not apply to every type of new house or condo. Which ones are covered?
New buildings covered by the Guarantee Plan are the following:
Prefabricated homes are also covered by the Guarantee Plan in the following circumstances:
Any new house or new condo is covered by the mandatory Guarantee Plan, even if it hasn’t been registered with the plan manager by the accredited contractor. This coverage may apply up to 5 years after the acceptance of the house or the condo. Visit the page Coverage provided for more details.
Here is how the Guarantee Plan for New Residential Buildings is different from the private guarantee plans on the market:
Private plans, on the other hand, can only be offered for buildings that are not covered by the Regulation respecting the guarantee plan for new residential buildings. So, to know who you're in business with, get informed!