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Better protection for home buyers starting Dec. 1, 2017

Calgary, AB, Canada / RTBN
Better protection for home buyers starting Dec. 1, 2017

To protect consumers and increase accountability in construction, residential builders will have to secure warranty coverage and a license to build homes starting December. 1, 2107.

A builder licensing program was passed in spring with the New Home Buyer Protection Amendment Act that will help consumers distinguish good builders from bad builders.

There will be an interim online registry that licensed builders will be added to help homebuyers select a reputable builder.  This registry will be continued to be developed during the transition to full licensing requirements on May 1, 2018.

When applying for a license, builders must provide information about their finances, corporate structure and track record with safety and consumer legislation. Licences can be suspended, canceled or have conditions placed on them.  People who build their own homes are not required to have a license.

Experienced builders in good standing who have built two new homes in the past two years may be granted a provisional license while applying for a full license.  These provisional licenses will expire on May. 1, 2018 when the full licensing is in effect.  All other builders must apply for a full license if they intend to apply for new building permits after Dec. 1.

The license does not apply to renovations such as painting, deck building, or finishing a basement.

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