Your Agreement of Purchase and Sale (APS) includes a Statement of Critical Dates as part of the Addendum to which it is attached. These dates mark target milestones towards moving into your new home, and how they may change throughout the construction process as allowed by Tarion.
The First Tentative Occupancy Date is the date that we anticipate your home will be completed and ready to move in. For pre-construction homes, we tend to provide you with our earliest possible estimate for when we can expect to welcome the very first residents in each phase. In general, the occupancy process occurs over several weeks or months as final construction activities are completed.
A Subsequent Tentative Occupancy Date may be provided on one or more occasions to notify you of delayed occupancy timing. As your Vendor and Builder, it is our responsibility to complete your new home taking all reasonable steps to avoid delay. If for any reason we are required to revise your Occupancy Date, we will provide you with written notice at least 90 days in advance of your existing Tentative Occupancy Date.
We will provide a Final Tentative Occupancy Date within 30 days of the assembly of your rooftop to give you a more accurate expectation of when you will be able to move into your new home. If your Agreement of Purchase and Sale is completed after the Roof Assembly date, it will include a Final Tentative Occupancy Date (or Firm Occupancy Date) within the TARION Addendum.
A Firm Occupancy Date will be provided once your Builder is certain of your Occupancy Date. Your home’s Firm Occupancy Date will be within 120 days of your Final Tentative Occupancy Date, and you will receive notice of this change at least 90 days before your existing Final Tentative Occupancy Date.When you purchase a pre-construction home, you may be able to occupy your completed unit while the rest of the building or townhome phase is still undergoing its final stages of construction, including other homes and/or common elements. This is called Interim Occupancy (or Occupancy) and it can begin as soon as the building is deemed by the city to be safe for occupancy.
A common source of confusion for condo purchasers is the difference between Interim Occupancy and ownership. Interim Occupancy is not the same as ownership. Your home may be ready for you to move into, but you will not receive title to your home until construction of your building or townhome phase is complete and a Condominium Corporation is registered with the municipality.
An Interim Occupancy period can last anywhere from a few weeks up to a year or more. The length of Interim Occupancy typically depends on the stage of construction when you took Occupancy of your unit. In general, we aim to keep Interim Occupancy as short as possible to turn over the ownership of your home to you as quickly as possible.
The 30-Day Warranty Form is used to notify us of any outstanding warranty items during the first 30 days of possession of your new home. When the deadline ends on a holiday or weekend, the deadline is extended to the next business day. We recommend that you complete and submit a 30-Day Form through the formal Tarion MyHome process several days in advance of the 30-day mark. On this Form, you may include items that were listed on your Pre-Delivery Inspection Form or 48-Hour Warranty Form that have not yet been addressed, as well as new items that you have discovered since taking possession of your home.
If your occupancy commences after May 1, 2024, you are now also able to submit a 6-month Warranty Form through Tarion MyHome.
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