The warranty insurance program in is basically worthless to homeowners, and allows corners to be cut in construction. “Buyer beware” remains a challenge, and even the best due diligence conducted by a buyer still presents unreasonable uncertainty.
This is not the place to cut corners in construction When I read this today it reminded me of what became clear during the Barrett Commission hearings over a decade ago in British Columbia. The many engineering assessments being conducted on leaky condos were turning up dozens, and sometimes hundreds, of building code violations. At one … Read more
Insurance companies not honouring new leaky condo warranties: owners Insurers say lack of maintenance by owners is source of some problems CBC – Monday, June 22, 2009 | 9:38 AM PT Thousands of B.C. condominum owners have had to live behind walls of plastic while their leaky buildings were repaired. (CBC) Some owners of recently … Read more