O. Reg. 88/12: TERMS AND CONDITIONS OF REGISTRATION OF BUILDERS AND VENDORS


Published: 2012-05-14

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ontario regulation 88/12

made under the

ontario new home warranties Plan act

Made: May 3, 2012
Filed: May 14, 2012
Published on e-Laws: May 15, 2012
Printed in The Ontario Gazette: June 2, 2012


Amending Reg. 894 of R.R.O. 1990

(Terms and Conditions of Registration of Builders and Vendors)

1. (1) Subsection 0.1 (1) of Regulation 894 of the Revised Regulations of Ontario, 1990 is amended by adding the following definition:

“building”, “condominium project”, “construction contract”, “co-share arrangement”, “date of possession”, “major structural defect”, “post June 30, 2012 home”, “purchase agreement” and “purchaser” have the same meaning as in Regulation 892 (Administration of the Plan) of the Revised Regulations of Ontario, 1990 made under the Act; (“bâtiment”, “projet condominial”, “contrat de construction”, “accord de partage des coûts”, “date de prise de possession”, “vice de construction important”, “logement postérieur au 30 juin 2012”, “convention d’achat” and “acheteur”)

(2) The definitions of “construction contract”, “date of possession”, “purchase agreement” and “purchaser” in subsection 0.1 (1) of the Regulation are revoked.

2. (1) Section 1 of the Regulation is amended by adding the following paragraph:

0.4 If a vendor or builder of a post June 30, 2012 home is in breach of a warranty in respect of a major structural defect in the home and applies for registration or renewal of registration, then in deciding whether the applicant is entitled to the registration or renewal of registration, the Registrar may have regard to,

i. whether the applicant has fully repaired the defect, fully compensated the owner for the defect or fully indemnified and saved harmless the Corporation for the defect, and

ii. any issue involving the technical competence of the applicant that the major structural defect reveals.


(2) Paragraph 4 of section 1 of the Regulation is amended by adding “the registrant and the Corporation enter into a co-share arrangement or if” after “set out in this paragraph if” in the portion before subparagraph i.

Commencement

3. This Regulation comes into force on the day it is filed.

Made by:
Pris par :

Tarion Warranty Corporation:

Le président,

Harry Herskowitz

Chairman

Le secrétaire de la Société,

Tim Schumacher

Corporate Secretary

Date made by the directors:  May 3, 2012.
Pris par les administrateurs le : 3 mai 2012.

Date confirmed by the members in accordance with the Corporations Act: May 3, 2012.
Ratifié par les membres conformément à la Loi sur les personnes morales le : 3 mai 2012.

Le secrétaire de la Société,

Tim Schumacher

Corporate Secretary

Date certified: May 11, 2012.
Attesté le : 11 mai 2012.

 

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