April 2, 2018 1:28 pm
Updated: April 3, 2018 7:35 am

Tarion revokes registration of Peterborough-area builder Kings Custom Homes Inc.

Tarion, the province's home buyer protection agency, has revoked the registration of Kings Custom Homes.

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The province’s new homebuyer protection agency has revoked the registration of King Custom Homes, Inc., a builder in the Peterborough area.

In July 2017, Tarion first issued a notice of proposal to revoke the registration of King Custom Homes, after receiving complaints were received from homebuyers.

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A CTV story last year said the Omemee, Ont.-based company was collecting deposits,  not obtaining permits, and neglecting work on homes, including several in Bewdley in Hamilton Township.

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King Custom Homes filed an appeal to the Licence Appeal Tribunal in August but has since withdrawn, according to Tarion, which regulates new homebuilders and administers the province’s new home warranty program. The agency also investigates and prosecute builders who violate the Ontario New Home Warranties Plan Act.

“This allowed Tarion to carry out its proposal to revoke the registration. As a result, Kings Custom Homes is no longer registered with Tarion and cannot build or sell new homes in Ontario,” Tarion issued in a statement on Monday.

Kings Custom Homes was selling homes in Otonabee-South Monaghan, Asphodel-Norwood, Douro-Dummer, Cavan Monaghan, Hamilton Township, and the City of Kawartha Lakes.

Last summer Tarion asked that anyone who dealt with the company or its owner/president Cory Savary to contact them.

Savary’s LinkedIn profile says he’s been in charge of the company since January 2010.

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Tarion is advising anyone who purchased a home from Kings Customs Home to seek legal advice about the purchase agreement and deposit.

“If Kings Custom Homes does not return your deposit, contact Tarion to discuss possible deposit protection under the Ontario New Home Warranties Plan Act,” Tarion stated.

Homebuyers are encouraged to contact Tarion at 1-800-786-6497, or by or email customerservice@tarion.com.

A Tarion representative says Kings Custom Homes has been charged with illegal building. A court date has been set for August.

© 2018 Global News, a division of Corus Entertainment Inc.

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