| CondoPro Warranty Highlights |
|
1 Year Materials and Labour Warranty |
|
All CondoPro Builders warrant against Latent Defects and Structural Defects (items that do not conform with warranty standards) in workmanship and materials that may occur during the first year after possession.
|
|
2 Years Mechanical Systems Warranty |
|
The CondoPro warranty extends into the second year of ownership to the crucial mechanical systems that keeps a home comfortable. CondoPro provides coverage for any Latent Defect in materials and labour supplied for the gas, electrical, plumbing, heating, ventilation, and air conditioning delivery systems. Another reason why CondoPro is Canada ’s Best Condominium Warranty!
|
|
5 Years Foundation Water Penetration Warranty |
|
The CondoPro Warranty provides coverageto repair foundation walls that allow water penetration and threaten the comfort and beauty of a new home. The 5 year coverage term is also exclusive to CondoPro, which is just one more reason why CondoPro is Canada’s Best Condominium Warranty!
|
|
10 Years Structural Defects Warranty |
|
The CondoPro Warranty protects the very heart of a home’s structure for 10 full years. CondoPro covers any defect in materials and labour that results in a failure of the load bearing portion of the building or the structural damage that might result from such a failure such that it renders the home unlivable or dangerous to occupy. No other warranty offers 10 years of coverage as a minimum standard, another reason why CondoPro is Canada’s Best Condominium Warranty!
|
|
$60,000 Structural Defect Coverage Per Condominium Unit |
|
The CondoPro Warranty provides up to $60,000 per condominium unit to cover structural defects, up to a maximum of $500,000 in any one building. This limit is another reason that CondoPro is Canada's Best Condominium Warranty!
|
|
$6,000 Additional Living Expenses Coverage |
|
In addition, a CondoPro Warranty will ensure Homeowners will have a place to live if they have to move out of the condo because of a Structural Defect. Condo owners will be reimbursed up to $6,000 for reasonable expenses incurred, such as hotel rooms and food costs, while they are unable to live in the home.
|
|
$500,000 Common Property Limit |
|
The Common Property Limit of the CondoPro warranty is equal to $60,000 times the number of units in the building to a maximum of $500,000.
|
|
|