Definitions for "Substantial Completion"
The point in time when the work is ready for use or is being used for the purpose intended and is so certified. [D01941] PMK87
The date upon which the units and the common property are declared to be ready for their intended purpose — that is, for residents to live in and use — and also the date upon which The Alberta New Home Warranty Program’s coverage on the common property begins. The date of Substantial Completion must be verified in writing. This is usually done by the prime consultant responsible for construction of the Condominium (i.e. the Architect or Engineer).
The point when construction is sufficiently complete in accordance with the contract documents, that the owner can occupy or utilize the building or space.