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Homes built by Licensed Residential Builders are covered by mandatory, third-party home warranty insurance. As a minimum, this coverage includes 2 years on labour and materials (some limits apply), 5 years on the building envelope and 10 years on structure. It's the strongest construction defect insurance in Canada.
Here is the link to the site for much more information - http://www.hpo.bc.ca/homeowners

Also for those Condo owners there is great information. Here is the BC site - http://www.choa.bc.ca/
Cheers and Merry Christmas!
Dean Birks |