All Albertans who buy a new home will have warranty coverage for their purchase under new legislation proposed by the Alberta government.
Bill 5, the New Home Buyer Protection Act, introduced in the legislature today, requires builders to provide home warranty coverage for all new homes built in the province starting in fall 2013.
“While most homes in Alberta are built to stand the test of time, if things do go wrong, homeowners will have stronger protection to get their homes repaired,” said Minister of Municipal Affairs, Doug Griffiths. "Albertans should be reassured that the single largest purchase their family makes will be protected by one of the strongest warranty programs in the country."
Under the proposed legislation, all new homes (detached…