May 2005 11

BC Homeowner Protection Act

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If you're buying a new home or condominium in Greater Vancouver, whether downtown or in Richmond, Surrey, Langley or anywhere - make sure to read The BC Homeowner Protection Act Regulations (PDF, 28kb) on residential builder licensing and mandatory, third-party warranties. This legislation was implemented on July 1, 1999 and affects all buyers of new homes. Pay close attention to the no warranty clauses: Some newly constructed homes may not have any warranty coverage at all.

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