2-5-10 Home Warranty

As a Nanaimo Realtor I often do open houses at strata, new construction projects.  One of the questions I often get is what is the 2-5-10 Home Warranty programme and what does it cover?

The 2-5-10 Home Warranty is run through the Homeowner Protection office.  As this is a question that I often get I thought it would be a good idea to share some information with you through a blog post.  I checked the HPO website and this is what they have regarding the 2-5-10 Home Warranty as it pertains to strata new construction.

2-5-10 Home WarrantyHome warranty insurance on new homes includes a

Minimum of 2 years on labour and materials, 5 years on the

building envelope, including water penetration, and 10

years on structure. The 2-year labour and materials

Coverage is broken down as follows:

 

Any defect in materials and labour:

• 12 months on detached homes and on non-common

property in strata units (includes fee simple homes)

 

• 15 months on common property of strata buildings

Defects in materials and labour related to the delivery and

distribution systems (electrical, plumbing, heating

ventilation, air conditioning, etc.):

 

• 24 months for all buildings.

Strata homes:

 

• Strata unit: Begins at the earliest of date of first occupancy or date of

transfer of legal title to first owner.

 

• Common property: Begins at the earliest of date of first-unit

occupancy in strata building or date of transfer of legal

title to first owner in building.

If you require additional information on 2-5-10 Home Warranty please give me a call.

Buyers - Find your Nanaimo dream home Sellers - What's my Nanaimo home worth? Search Listings in Nanaimo
Lynn Donn - www.nanaimohomes4sale.com lynn@nanaimohomes4sale.com www.nanaimohomes4sale.com 250-756-1132  
 

1 Comments on 2-5-10 Home Warranty

MAR
31
2011
470,604 Points 24 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Lynn

great informative post, many people continue to be confused about the warrantee program, this post helps a lot for many

have a pfanntastic week
12:21am • #1


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Lynn Donn | Homes for Sale in Nanaimo BC

Nanaimo, BC

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Royal Lepage Nanaimo Realty

Address: #275-2000 Island Hwy N., Nanaimo, BC, V9S 5W3

Office Phone: (250) 756-1132

Cell Phone: (250) 802-7321

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