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New Building Warranty Insurance - Victoria BC

Commercial New Build Strata

 

 

Q - Would you be able to explain why commercial property developers do not offer New Building warranty insurance as a standard practice?

 

A - Home warranty is required under the legislation only for residential builders and therefore to avoid the cost, commercial builders do not provide it, and in addition commercial building is usually much more varied in type of construction and often left unfinished for the buyer to complete.

 

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