enrolment warranty fee structure

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Issue Date: June, 2012 Effective Date: July 1, 2012 This Bulletin replaces Builder Bulletin 27, issued January, 2010. WHAT THIS BULLETIN IS ABOUT Enrolment fees have been decreased by $150 per home for homes enrolled on or after July 1, 2012. ENROLMENT FEES Enrolment fees have been decreased by $150 per home. To calculate the enrolment fees, please refer to the table set out in Schedule A on the next page. Enrolment and payment of fees for single homes must occur on or before the date their building permits are issued. Enrolment and payment of fees for multi-unit projects must occur at least 30 days before construction begins – that is to say, 30 days before commencement of excavation for, or construction of, foundation components or elements (such as footings, rafts or piles) for the building. EFFECTIVE DATE The above fees will apply to home enrolments on or after July 1, 2012, and includes enrolments submitted through BuilderLink (formerly the Builder Portal) on or after that date. HOME ENROLMENT FEES 27 (Revised)

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Page 1: Enrolment Warranty Fee Structure

Issue Date: June, 2012 Effective Date: July 1, 2012

This Bulletin replaces Builder Bulletin 27, issued January, 2010. WHAT THIS BULLETIN IS ABOUT Enrolment fees have been decreased by $150 per home for homes enrolled on or after July 1, 2012. ENROLMENT FEES

Enrolment fees have been decreased by $150 per home. To calculate the enrolment fees, please refer to the table set out in Schedule A on the next page. Enrolment and payment of fees for single homes must occur on or before the date their building permits are issued. Enrolment and payment of fees for multi-unit projects must occur at least 30 days before construction begins – that is to say, 30 days before commencement of excavation for, or construction of, foundation components or elements (such as footings, rafts or piles) for the building. EFFECTIVE DATE The above fees will apply to home enrolments on or after July 1, 2012, and includes enrolments submitted through BuilderLink (formerly the Builder Portal) on or after that date.

HOME ENROLMENT FEES

27

(Revised)

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Page 2: Enrolment Warranty Fee Structure

Page 2 of 2

SCHEDULE A

Sale Price* Range (Excluding HST) Unit Enrolment Fee + 13% HST = Total Enrolment Fee

Less than $ 100,000.00 $385.00 + $50.05 = $435.05

$100,000.01 - $150,000.00 $430.00 + $55.90 = $485.90

$150,000.01 - $200,000.00 $500.00 + $65.00 = $565.00

$200,000.01 - $250,000.00 $570.00 + $74.10 = $644.10

$250,000.01 - $300,000.00 $640.00 + $83.20 = $723.20

$300,000.01 - $350,000.00 $710.00 + $92.30 = $802.30

$350,000.01 - $400,000.00 $780.00 + $101.40 = $881.40

$400,000.01 - $450,000.00 $850.00 + $110.50 = $960.50

$450,000.01 - $500,000.00 $920.00 + $119.60 = $1,039.60

$500,000.01 - $550,000.00 $1,000.00 + $130.00 = $1,130.00

$550,000.01 - $600,000.00 $1,050.00 + $136.50 = $1,186.50

$600,000.01 - $650,000.00 $1,100.00 + $143.00 = $1,243.00

$650,000.01 - $700,000.00 $1,150.00 + $149.50 = $1,299.50

$700,000.01 - $750,000.00 $1,200.00 + $156.00 = $1,356.00

$750,000.01 - $800,000.00 $1,250.00 + $162.50 = $1,412.50

$800,000.01 - $850,000.00 $1,300.00 + $169.00 = $1,469.00

$850,000.01 - $900,000.00 $1,350.00 + $175.50 = $1,525.50

$900,000.01 - $950,000.00 $1,400.00 + $182.00 = $1,582.00

$950,000.01 - $1,000,000.00 $1,450.00 + $188.50 = $1,638.50

Over $1,000,000.00 $1,500.00 + $195.00 = $1,695.00

* Sale Price refers to the total amount (value of consideration) payable by an owner in an agreement of purchase and sale or construction contract, including (without limitation) the value of upgrades, extras and other consideration paid for the home including appurtenances used in conjunction with the residential dwelling, (e.g., garages for single homes or parking spaces and storage lockers for condominiums). For clarity, Sale Price does not include any applicable taxes.