Analysis of Findings & Reporting

Question 1

Generally speaking, bad contracts favor whom?

a. Home Inspector
b. Real estate agent
c. Client
d. Contractor

Answer 1

Real estate agent

Question 2

Which of the following is NOT one of the three main elements of a contract?

a. Offer
b. Acceptance
c. Consideration
d. Condition

Answer 2

Consideration

Question 3

Which of the following is NOT an example of a limitation that would be outlined by an exclusion clause?

a. Hard to access areas
b. Latent defects
c. Future conditions
d. Code compliance

Answer 3

Future conditions

Question 4

When should the inspection contract be agreed to by both the inspector and the client?

a. Before the day of the inspection
b. Immediately before beginning the inspection
c. Immediately after the inspection is completed
d. No later than three business days after the inspection is completed

Answer 4

Before the day of the inspection

Question 5

How many elements comprise the notion of negligence?

a. 2
b. 3
c. 4
d. 5

Answer 5

2