Tips

GCR new house guarantee : everything on guarantees

Description

The GCR (Garantie Maison Neuve or new house guarantee) covers every new house as long as it includes less than 4 units and was built after 2015. Some exceptions apply, such as self-construction houses or partially new buildings.

Ownership properties are covered up to a maximum of $ 300 000, and up to 50 000 $ deposits are fully secured.

The GCR's administrator is a non-profit organization. Its administrative committee is carefully regulated in order to represent a wide variety of people and backgrounds. It is therefore equally managed by consumer associations' members, enginery, architecture and law professionals, representatives of government agencies and contractors associations.

For further information, please visit the All about the warranties on new houses help tool.