Home Inspectors -Exam- Module 3 And
Chapter 9: Inspections Study Guide.
What is the home inspector’s role? - Answer Provide an unbiased written report of the general
condition of the home; at the time of the inspection
What is the oldest and most recognized form of standard of practice? - Answer ASHI
Combination of interacting or independent components, assembled to carry out one or more
functions - Answer System
What does the term installed mean when applied to the standards of practice of home
inspections? - Answer attached to which removing would require tools
True/False: The inspector is required to determine the remaining life expectancy of
systems/components - Answer False
If a certain system is shut down at the time of the home inspection, is the home inspector
required to turn the system on to check operation - Answer NO
Inspections are an important way that buyers protect themselves on the purchase of a property.
- Answer If there are problems with the home found through inspections, the seller and buyer
may negotiate repairs or the buyer may be able to cancel the deal.
Caveat Emptor, also known as Buyer Beware - Answer Sellers and licensees have the legal duty
to disclose any fact that may have a significant and reasonable impact on the market value of
the property.
Inspection Contingency defines a specific period of time for the buyer to conduct inspections. -
Answer The inspection period typically includes the time for the buyer to review the
inspection results and provides a written response to the
seller.
Inspection Contingency can result in the seller having to accommodate request repairs or having
the deal fail. - Answer In a seller's market, contracts written without an inspection contingency
may be accepted over offers written subject to inspections.
Chapter 9: Inspections Study Guide.
What is the home inspector’s role? - Answer Provide an unbiased written report of the general
condition of the home; at the time of the inspection
What is the oldest and most recognized form of standard of practice? - Answer ASHI
Combination of interacting or independent components, assembled to carry out one or more
functions - Answer System
What does the term installed mean when applied to the standards of practice of home
inspections? - Answer attached to which removing would require tools
True/False: The inspector is required to determine the remaining life expectancy of
systems/components - Answer False
If a certain system is shut down at the time of the home inspection, is the home inspector
required to turn the system on to check operation - Answer NO
Inspections are an important way that buyers protect themselves on the purchase of a property.
- Answer If there are problems with the home found through inspections, the seller and buyer
may negotiate repairs or the buyer may be able to cancel the deal.
Caveat Emptor, also known as Buyer Beware - Answer Sellers and licensees have the legal duty
to disclose any fact that may have a significant and reasonable impact on the market value of
the property.
Inspection Contingency defines a specific period of time for the buyer to conduct inspections. -
Answer The inspection period typically includes the time for the buyer to review the
inspection results and provides a written response to the
seller.
Inspection Contingency can result in the seller having to accommodate request repairs or having
the deal fail. - Answer In a seller's market, contracts written without an inspection contingency
may be accepted over offers written subject to inspections.
