If you're buying a newly built home in British Columbia, one of the most important protections available to you is the 2-5-10 Home Warranty. This warranty is a legal requirement under BC's Homeowner Protection Act, and it offers peace of mind by covering defects in a new home over a period of up to ten years.Whether you're a first-time buyer or seasoned homeowner, it’s important to understand what this warranty includes—and what it doesn’t. Here's your guide to the 2-5-10 warranty and how it protects your investment.
What Is the 2-5-10 Warranty?
The 2-5-10 warranty is a mandatory home warranty insurance program that all licensed residential builders in BC must provide on new construction homes. This warranty begins on the date of first occupancy (when the buyer takes possession) or when the home is first occupied or rented, whichever comes first.It breaks down into three core coverage periods:1. 2-Year Materials & Labour Warranty
This portion covers defects in materials and labour related to:First 12 months:- All defects in labour and materials for the entire home (interior and exterior).
- Common property in strata buildings (hallways, lobbies, shared mechanical systems, etc.).
- Major systems such as:
- Plumbing
- Heating
- Electrical
- Ventilation systems
- Defects in exterior materials (e.g., siding, stucco, doors, windows) that could lead to water penetration.
2. 5-Year Building Envelope Warranty
This part protects against defects in the building envelope, including:- Exterior walls
- Roof
- Windows and doors
- Foundation
- Any element designed to keep water or moisture out
3. 10-Year Structural Defects Warranty
This long-term warranty covers critical structural components such as:- Load-bearing walls
- Beams
- Columns
- Floor systems
- Foundation systems
- Roof framing
🏘️ Coverage Applies To:
- Single-family homes
- Duplexes
- Townhomes
- Condominiums/Strata units
What’s Not Covered?
Like all warranties, there are exclusions. Common exclusions include:- Landscaping and fencing
- Normal wear and tear
- Shrinkage and settling of the building
- Damage caused by homeowner negligence
- Damage caused by acts of nature (flood, earthquake, etc.)
- Paint, flooring, or drywall cracks that result from normal settling
When Does It Begin?
The coverage begins on the earliest of:- The date the new home is first occupied
- The date of first legal possession
- The date the home is first rented
What Should Homeowners Do?
- Keep records: Maintain your warranty documents and receipts.
- Report issues promptly: Notify your builder or warranty provider in writing as soon as you spot a defect.
- Schedule inspections: Consider a third-party home inspection before major coverage periods expire (especially before the 2-year and 5-year marks).
Why It Matters When Buying or Selling
As a buyer, this warranty offers essential protection and peace of mind for your new home purchase. As a seller, having an active 2-5-10 warranty in place can increase your home’s appeal and value—especially for homes under 10 years old.Need Help Navigating the Warranty or Buying a New Build?
With Victoria's real estate market, Janine specializes in helping clients understand every step of the home buying process—including what warranties are in place and how they protect your purchase. If you're considering buying a brand-new home or condo, or selling a property still under warranty, we’re here to guide you.Contact Janine today for expert advice on new construction homes, resale homes under warranty, or help navigating your next move in the Victoria real estate market. 778-678-5466