At Ravenshead Homes, we understand that your home is more than just a place to live, it is where memories are made, and dreams are realized. That is why we are committed to providing you with top-notch, quality homes that are built to last. Whether you are looking for a cozy starter home or a luxurious custom build, with our expertise in the industry, we will guide you through every step of the home building journey, making it an exciting and enjoyable experience for you and your family.
Now that the purchaser has taken possession of their newly constructed freehold home or condominium unit, they are eligible for year one warranty coverage. This coverage begins on the date of possession and lasts one year from that date and includes items such as defects in work and material and unauthorized substitutions.
Coverage for Freehold, Contract & Condo Units
Requires a home is constructed in a workman-like manner and free from defects in material
Protects against Ontario Building Code violations
Protects against unauthorized substitutions
Requires the home to be fit for habitation
Coverage for Residential Condo Conversion Projects
Residential Condominium Conversion Projects Coverage:
Pre-existing elements are not covered by the one-year warranty on workmanship and materials. This exception is because the pre-existing elements are often much older and cannot be certified in the same way as the new construction. All other one-year warranty protections, including that the home meets Ontario Building Code regulations, would apply to both the pre-existing elements and the new components of the project.
Two-Year Warranty
Your new home warranty continues to provide coverage into year two and include items such as water penetration, heating and electrical. This coverage begins on the home’s date of possession even if the home is sold. See below for what the year two warranty covers.
What is Covered freehold, condo units & contract homes
Protects against water penetration through the basement or foundation walls
Protects against defects in work or materials that result in water penetration into the building envelope
Covers defects in work or materials that result in the detachment, displacement or deterioration of exterior cladding (such as brickwork, aluminum or vinyl siding)
Covers defects in work or materials in the electrical, plumbing and heating delivery and distribution systems
Applies for two years, beginning on the home’s date of possession
Protects against violations of the Ontario Building Code that affect health and safety
Residential condominium conversion projects coverage
Coverage would apply to both the new construction and the pre-existing elements. These include: the two-year warranty for water penetration and defects in work and materials in the electrical, plumbing and heating delivery and distribution systems.
Seven-Year Major Structural Defect Warranty
Your home’s seven year warranty covers major structural defects (MSD) and begins on the date you take possession of the home and ends on the seventh anniversary of that date.
I) Results in failure of a structural load-bearing element of the building
II) materially & adversely affects the ability of a structural load-bearing element of the building to carry, bear & resist applicable structural loads for the usual & ordinary service life of the element
What is covered
The seven year MSD warranty includes significant damage due to:
Soil Movement* & Major Cracks in Basement Walls
Chemical Failure of Materials & Environmentally harmful substances or hazards. (i.e., Excessive radon levels)
Collapse or serious distortion of joints, or roof structure
What is not covered
The seven year MSD Warranty specifically excludes the following:
Damage to drains or services
Dampness not arising from failure of a load-bearing portion of the building.
Damages to finishes
Residential condominium projects coverage
Residential Condominium Conversion Projects Coverage:
The seven-year warranty for major structural defects applies to both new construction and the pre-existing elements for residential condominium conversions.
You won’t find a builder that gets back to you faster than we do. We update your build progress daily. You can access your build status at any time. We also use a communication platform to stay connected with you. This platform allows us to share important files and data, and it allows you to provide us feedback and ask questions.