A Standard Residential Inspection Agreement is a contract between a home inspector and the home buyer or seller. It outlines the scope of the inspection, the cost of the inspection, and any disclaimers or warranties associated with the inspection. There are three types of Standard Residential Inspection Agreements: Home Inspector Agreement, Home Buyer-Seller Agreement, and Home Warranty Agreement. The Home Inspector Agreement outlines the services the home inspector will provide, including a visual inspection of the home's structure, exterior, roof, interior, electrical, plumbing, heating, ventilation, and air conditioning systems, and any other systems or components the inspector deems necessary. It also outlines the inspection fee, payment terms, and any disclaimers or warranties associated with the inspection. The Home Buyer-Seller Agreement outlines the responsibilities of the home buyer and seller when it comes to the home inspection. It outlines the type of inspection to be performed, the cost of the inspection, and any pre-closing conditions that must be met before the sale can be finalized. The Home Warranty Agreement provides the buyer and seller with coverage against potential defects in the home's major systems and components. It outlines the coverage period, the extent of the coverage, and any associated costs or fees.
Standard Residential Inspection Agreement
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FAQ
inspection agreement should be signed by clients before a home inspector performs an inspection. inspection agreement sets clear expectations and protects the home inspector against future claims and disputes. Key elements for preinspection agreements are included in the contract.
Pre-listing inspections are exactly what they sound like: Before you officially list your home for sale, a professional home inspector examines your property to identify any potential problems or repairs that need to be made.
Inspection Briefing (PIB) is the first official activity at a facility during an industry inspection. It serves to provide OPCW inspectors with enough information to design an inspection plan in the least intrusive manner possible.
The TREC Standards require that for each inspection, the inspector shall prepare a written inspection report noting observed deficiencies and other items required to be reported.
The purpose of the inspection agreement is to regulate the relationship between inspector and entity procuring inspection services. This ensures that if legal complaints arise, proper recourse can be taken to correct.