Buying a new home is likely one of the biggest decisions you'll ever make. At Fehr and Square Construction Ltd we recognize how important it is that your investment is protected. That is why we've partnered with National Home Warranty to provide you with warranty coverage for your home.
New homes built in Alberta are protected by 1-2-5-10 home warranty insurance, as set out by the New Home Buyer Protection Act of Alberta. Mandatory warranty insurance includes the following coverages:
This takes care of issues with the way your home was built or the materials it was built with, such as flooring and trim.
This primarily covers defects in labour and materials related to heating, plumbing and electrical systems.
Building envelope means the exterior shell of the home, including the roof and walls. Two additional years of coverage will also be available.
This covers the key structural components of your home, including its frame and foundation.
This statutory protection is widely recognized as one of the strongest and most effective home warranty standards in Canada. To learn more about consumer protection legislation and regulations, visit http://homewarranty.alberta.ca
Alberta’s new warranty program includes an easy-to-use online Public Registry. Builders will be required to input warranty information for every new home they build after February 1, 2014. If your home has a warranty under the new program, you’ll be able to access warranty information by simply typing in your address. This will help you track key dates and find contact information for your warranty provider. People shopping for a new home will also be able to use the registry to find out if the home has a warranty and how much coverage remains. It will also be useful for realtors, lenders, and municipalities.