Your new Pineridge Builders home comes with a 7 year limited warranty.
This warranty involves 3 times that you can inspect your new home from the PDI -a pre delivery inspection before you take possession, then a home owner inspection within 30 days from possession and within 365 days of possession.
Deposit protection: It also protects your deposit up to $40,000 (2013). See www.tarion.ca for more details.
The Tarion set fee for warranty is in addition to building costs.
All the various details about this warranty can be found at www.tarion.ca and some pertinent excerts from it as follows:
HISTORY AND PURPOSE:
Tarion Warranty Corporation is a private corporation that was established in 1976 to protect the rights of new home buyers and regulate new home builders.