Every new condominium in Ontario is required by the Condominium Act to retain the services of a consultant to conduct performance audit inspections of the common elements of each building, and at least one unit of the building. The purpose of the Performance Audit is to ensure that major problems in the common elements of condo buildings are found before the end of the one year time frame for submitting a warranty claim under the Ontario New Home Warranty (TARION) Program.
The Performance Audit report includes an inspection of the common elements e.g. the foundations, exterior walls, roof, doors, elevators, parking garages, and a survey of unit owners asking them to report damage to their units that may have been a result of defects in the common elements.
Buildings and site elements are covered under the Ontario New Home Warranty Program (Tarion) for specific conditions. The program has specific dead-lines, and requires written notification regarding warrantable defects within the deadlines:
PEG’s Experience & Record
For over 25 years, PEG has provided engineering services to developers and board of directors covering this statutory obligation. From the vantage point as independent consultant, PEG’s inspections and reports are dispassionate from the views of the design consultant for optimal value.
PEG works with the developer and most often the newly constituted Board of Directors to deal with Warranty issues.
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