Bill 200 explained in plain English
Homeowner Protection Act, 2024
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 43rd Parliament, 1st Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.
Our plain-language take, written for civic education.
Source: By PoliticalData.ca
The Homeowner Protection Act, 2024 amends various Ontario laws to enhance protections for homebuyers, clarify rules for heritage properties, and adjust planning regulations.
Bill 200, now known as the Homeowner Protection Act, 2024, makes several amendments to Ontario laws. It aims to protect homebuyers by introducing new requirements for purchase agreements and construction contracts, including a "cooling-off" period for new home purchases. It also changes rules related to properties of cultural heritage value and certain planning matters. Additionally, the bill clarifies and amends rules concerning security interests in consumer goods under the Personal Property Security Act and modifies aspects of the Planning Act related to transit-oriented communities.
- Introduces new requirements for purchase agreements and construction contracts for new homes.
- Establishes a "cooling-off" period for new home buyers, allowing them to rescind purchase agreements under certain conditions.
- Requires vendors to provide specific information to purchasers of new freehold and other prescribed new homes.
- Extends deadlines for removing certain undesignated heritage properties from municipal registers.
- Amends rules regarding the registration and expiry of notices of security interest for consumer goods under the Personal Property Security Act.
- Modifies provisions of the Planning Act concerning limitations on remedies for transit-oriented community land.
- Grants the Corporation under the Ontario New Home Warranties Plan Act the ability to create by-laws requiring the public availability of specified documents.
- Homebuyers and purchasers of new homes.
- Builders and vendors of new homes.
- Owners of land where new homes are constructed.
- Municipalities responsible for heritage property registers.
- Individuals and entities involved in registering security interests, particularly concerning consumer goods.
- The Crown in right of Ontario, its members, employees, officers, and agents.
- Parties with agreements with Teranet Inc. or Teranet Holdings LP.
- Purchasers of new freehold homes or other prescribed new homes have the right to rescind the purchase agreement within 10 days under certain conditions.
- Vendors of new freehold homes or other prescribed new homes must deliver prescribed information to purchasers and satisfy other prescribed requirements.
- Municipal councils may have restrictions on re-listing certain heritage properties on their registers after they have been removed.
- The Corporation under the Ontario New Home Warranties Plan Act may be required to make specified documents available to the public.
- The Act received Royal Assent on June 6, 2024.
- Section 2 of the Act states that the Act comes into force on the day it receives Royal Assent, unless otherwise specified in a Schedule.
- Schedule 2 amends dates in the Ontario Heritage Act, changing references from January 1, 2025, to January 1, 2027, or a later prescribed date.
- Notices of security interest in consumer goods in effect immediately before Royal Assent are deemed to have expired on that day.
- Some provisions within Schedule 1 (New Home Construction Licensing Act, 2017) come into force on a day to be named by proclamation of the Lieutenant Governor.
- Vendors must refund money without penalty or charge to purchasers who rescind a purchase agreement, including interest on money received.
- New section 74.2 of the Personal Property Security Act extinguishes causes of action and remedies against the Crown related to amendments, preventing claims for costs, compensation, or damages.
- The bill text does not explicitly detail penalties for non-compliance with the new provisions for purchase agreements and construction contracts.
- The bill outlines specific procedures for rescinding purchase agreements and refunding money, implying enforcement mechanisms through contractual remedies.
- The bill refers to "prescribed" information, requirements, homes, and consumer goods, indicating that specific details will be defined in future regulations.
- The exact date for the commencement of certain provisions in Schedule 1 of the New Home Construction Licensing Act, 2017, is subject to proclamation.
- The duration for which certain heritage properties cannot be re-included in a municipal register is specified as five years under new conditions.
- The application of certain amendments under the Personal Property Security Act to consumer goods is conditional on those goods being prescribed by regulation.
- The bill does not specify penalties for contravention of the new requirements related to purchase agreements and construction contracts.
- The bill states that limitations on remedies do not apply to transit-oriented community land, and are deemed to have never applied, but does not elaborate on the implications beyond this exception.
Adds new definitions, changes requirements for purchase agreements and construction contracts, establishes a "cooling-off" period for new home purchasers, and updates related regulatory powers.
Source: Schedule 1
Extends the deadline for removing undesignated heritage properties from municipal registers from January 1, 2025, to January 1, 2027, or a later prescribed date. It also introduces new rules regarding the re-inclusion of properties on the register after removal.
Source: Schedule 2
Allows the Corporation to create by-laws requiring specified documents to be made available to the public and modifies other regulation-making authorities.
Source: Schedule 3
Changes rules about registering security interests in consumer goods, deems certain existing notices of security interest to have expired, and introduces a new section limiting causes of action against the Crown related to these amendments.
Source: Schedule 4
States that certain limitations on remedies do not apply, and are deemed to have never applied, to land designated as transit-oriented community land.
Source: Schedule 5
Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.
Official textProcess Snapshot
Vote Summary
This bill does not have a published recorded division in the current official sources, so representative-by-representative vote counts are not shown.
No published representative vote breakdown
The current official sources do not publish a recorded division breakdown for this bill, so there is no representative-by-representative table to show.
Official sources
Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.
How this data is sourced