On February 1st, the Alberta government introduced mandatory home warranty legislation under the New Home Buyer Protection Act (NHBPA). The NHBPA stipulates that every builder in the province must register with a warranty provider. Essentially, for the first time, every new home built in Alberta will be protected under a warranty.

What’s covered? The 1, 2, 5 and 10!

At minimum, a new home warranty must now cover the following:

  • 1 year for labour and materials
    This coverage comes into play if you experience any issues with the way that your home was built or the materials that were used to build it, i.e. flooring and trim.
  • 2 years for delivery and distribution systems
    This includes any problems with the labour or materials associated with the heating, plumbing and electrical systems.
  • 5 years for building envelope protection
    The building envelop is the exterior shell of a home, including the roof and walls.
  • 10 years for major structural components
    Structural components refer to the frame and/or foundation of the home.

What does it all mean?

New Home Buyer Protection Act

Essentially, the NHBPA encourages higher quality standards and ensures that your new home will stand the test of time. It provides peace of mind, which is very much welcome when you’re making such a big financial commitment.

And the best part? It includes an easy-to-use public registry. For every home built after February 1st of this year, builders must enter the warranty info online.

You’ll be able to access this info by simply typing in your address. Similarly, if you’re shopping for a new home, you can use the registry to find out if a home has an existing warranty and how much coverage remains. It’s an awesome tool, and everything you need is just a click away.

For more information on the New Home Buyer Protection Act, visit homewarranty.alberta.ca.

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