Holmes also stated that he continues to be proud of his record and that he and his company “will not stop in our mission to help homeowners do the right thing.”
Tarion’s $8 million lawsuit is against the Holmes Group and more than a dozen other parties involved in a development called TerraceWood. The lawsuit alleges that between 2015 and 2019, 14 TerraceWood homes were built with defects, including serious structural problems.
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Tarion says builder Third Line Homes failed to fix the defects, so Tarion paid for all repairs.
Tarion recently decided that demolishing three houses was a more sensible option. Two have already been demolished.
In its lawsuit, Tarion alleges that Holmes Group failed to perform additional inspections of the homes for the homeowners who ordered them and portrayed the builder, Third Line Homes, as competent.
