Lukus Developments provides one of the most inclusive warranties for your new home or renovations. We are members of the Alberta new home warranty that has one of Western Canada’s strongest warranty programs and services to our clients.
Choose a House or Lot, Make a Deposit
The return of your deposit(s) up to 20% of the purchase price to a maximum of $100,000 is covered in the event of default by a Builder Member of the Program.
Builder Performance Protection
Unconditional Sale, Construction Stage
You’re covered for up to $50,000 (including up to $3,000 in legal fees) towards the completion costs or the discharge of builders’ liens in the unlikely event a Builder Member should fail to complete a home as contracted. The Program provides the administration, co-ordination and supervision of all issues for the completion of your home.
First Year Workmanship and Materials Protection
House Completed, Take Possession
If a Builder Member does not meet its warranty obligations, the Program provides for up to $100,000 in costs to repair defects in workmanship and materials during the first year after you take possession. This $100,000 total also includes costs related to the Five Year Structural Integrity Warranty Protection.
5 Year Structural Integrity Protection
After First Year Up to Five Years
The unused portion of the First Year Materials & Workmanship Warranty coverage amount, up to $100,000, can also be applied to the costs to repair major structural defects affecting the load bearing components of your home in the first five years.
10 Year Structural Integrity Protection
After Five Years Up to Ten Years (Optional)
At the time of possession, you may also choose to purchase our extended Structural Integrity Warranty Protection (at a cost of $200 + GST) for an additional five years for a total of ten years of structural protection.
Additional Living Expenses Protection
While Warranty work is being completed in your home, you may incur incremental excess living costs. The Program will reimburse you for up to $6,000 in pre-approved, verifiable living expenses over the span of your coverage.