Two months before the Firm Closing Date, a province-wide strike halts work on a new freehold home for six weeks. The builder told the buyer when the strike began, estimated how long it would last, and gave written notice when it ended. What does the Tarion addendum allow?
Correct Answer
B) The builder may extend deadlines by up to the length of the delay without paying compensation
A strike is an unavoidable delay under the Tarion addendum. If the builder informs the buyer at the outset, estimates the delay and gives written notice when it ends, it may extend deadlines by up to the length of the unavoidable delay period without paying delayed closing compensation.
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