Definition : Contract of guarantee

A compulsory document under the Law to complete the preliminary contract for those residential projects governed by the “Règlement sur le plan de garantie des bâtiments résidentiels neufs” (Regulation respecting the Guarantee Plan for New Residential Buildings), being those comprising four private residential portions superimposed or less. The contract of guarantee describes the details of the protections offered, the claim’s procedure, and the recourses available in case of a problem with a contractor.

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The scope of the compulsory guarantee plan The Regulation respecting the guarantee plan for new residential buildings came into force in 1999. It is administered by the “Régie du Bâtiment du Québec” (Quebec Construction Board) (QCB). Its compulsory nature distinguishes it from the optional guarantee plans offered in the market. It applies to buildings that are entirely new, such as:
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