Home Inspector Liability In today’s real estate atmosphere, a huge issue for home inspectors is managing their liability. Working RE strives to protect their inspector readers and provide informative articles concerning home inspector liability. These are a few stories for Home Inspectors that tell real life stories, give advice, and provide tips for reducing and…
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The unique roles of a home inspector and agent in a real estate transaction are each clearly defined. But there can be times when one professional steps on the other’s toes. Take fees for instance.
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Can an inspector be sued for just about anything? The answer is, unfortunately, yes.
It’s a fact of life that a home inspector is likely to find some issues with the house he or she is inspecting. Inspectors know that even new construction has problems! If it’s an inspector’s job to report issues to potential buyers…
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Editor’s Note: Yes, E&O prices have dropped; now here are a few tips on getting the most for your money. Inspectors E&O Insurance Prices Drop, Time to Learn How to Shop by David Brauner, Senior Broker OREP By now you have probably seen firsthand that prices for most home inspector errors and omissions insurance (E&O)…
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Home Inspectors: Inspecting Your E&O Insurance by David Brauner, Senior Broker, OREP Here’s a riddle that more and more inspectors are solving easily: how do you obtain errors and omissions insurance (E&O) and General Liability Insurance from an “A” Rated, Admitted carrier including an Additional Insured Endorsement for Agents and other Referring Parties, Termite and…
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Inspectors: Golden Rules for Avoiding Liability By David Brauner, Editor Seasoned home inspectors say the golden rules for avoiding liability are simple- write what you see, say what you write and don’t sugarcoat anything! More specifically, report what you see and also what you don’t see- and why you couldn’t see it. They also suggest…
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Home Inspectors: Key to Limiting Liability By Ross Herlands, ESQ Probably the single most important thing a home inspector can do to protect him or herself in the event of a lawsuit is to obtain a signed pre-inspection agreement prior to the inspection. Furthermore, one of the key provisions in such a contract is a…
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Whether you are installing a new roof material or simply evaluating a roof’s current condition, paying close attention to attic ventilation is critical for several reasons.
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The presence of mold is a contentious issue for building owners, builders, insurance companies, real estate agents and others. Mold addendums to sales contracts are now offered by many real estate boards for use by their members in sales transactions. As a professional appraiser or inspector you need to understand mold and all its…
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Best Defense: Signed, Sealed, Delivered – Your Contract By Kris Thompson, Esq. Having a signature from a customer on your home inspection contract can greatly increase your ability to defend yourself if you are sued. In question and answer sessions, at round table discussions, and during consultations with home inspector clients, inspectors bring up the…
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