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ARTICLE · 21 APRIL 2020

Unavoidable Delay – Tarion Statement Of Critical Dates And Addendum Q&A COVID-19

Miller Thomson
Miller Thomson
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With the rapid spread of COVID-19 across Canada and worldwide, governments and businesses are taking steps to contain the virus and flatten the curve of transmission.

CanadaCoronavirus (COVID-19)
Ron Fairbloom
Ron Fairbloom
Robert J. Gray
Robert J. Gray
Eric Laxton
Eric Laxton
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With the rapid spread of COVID-19 across Canada and worldwide, governments and businesses are taking steps to contain the virus and flatten the curve of transmission. As a homebuilder, you might be concerned about meeting your obligations to your purchasers and looking to understand your rights and obligations under the Tarion Statement of Critical Dates and Addendum (the "Addendum"). We want to help. As a starting point, we've put together this Q&A and would invite you to reach out to us to discuss these or other questions you may have.

1. What is the Delayed Occupancy/Closing Warranty?

Every builder/vendor of new homes in Ontario must provide a delayed occupancy/closing warranty to purchasers, guaranteeing that the condominium unit/house will be ready for occupancy/closing by a certain date. This date is either "firm" or "tentative", as described in the Addendum.

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