COMPLETE SOLUTIONS
The home inspector's job does not include
A. producing a written report
B. providing an opinion on value
C. providing an opinion on overall condition
D. following a set of Standards of Practice
Providing an opinion on value
A typical home inspection
A. takes two to three hours
B. takes about 90 minutes
C. takes 45 minutes
D. takes 5 hours
Takes two to three hours
A home inspection usually includes
A. attics, roofing and landscaping
B. soil conditions, garages and windows
C. underground utilities, toilets and siding
D. electrical, plumbing and insulation
Electrical, Plumbing and insulation
Which of these is not a real inspection association?
A. American Society of Home Inspectors
B. National Association of Home Inspectors
C. Professional Association of Degreed Home Inspectors
D. International Association of Certified Home Inspectors
Professional Association of Degreed Home Inspectors
,Which statement is false?
A. home inspectors are function and safety inspectors
B. home inspectors are building code inspectors
C. home inspectors can neither pass nor fail a house
D. home inspectors should always follow a set of Standards of Practice
Home inspectors are building code inspectors
Which of these is included in a typical home inspection?
A. hot tub
B. outbuilding
C. carport
D. indoor swimming pool
Carport
The home inspector's job is finished
A. after the report is delivered
B. after getting paid
C. when the door is locked
D. when the buyer closes the deal
After the report is delivered
Most inspectors provide a report
A. within 5 business days
B. within 24 to 48 hours
C. within 30 minutes
D. prior to closing
within 24 to 48 hours
Inspection reports do not usually include
A. a plat of survey
B. maintenance booklets
C. defect photos
,D. checklists
A Plat of survey
Standards of Practice
A. define the cost of each inspection based on square footage
B. allow the client to know what to expect
C. are developed by each home inspector as needed
D. require the inspector to include every item in a home
Require the inspector to include every item in a home
Which of the following is a real company legal structure?
A. bi-lateral partnership
B. double proprietor
C. limited liability company (LLC)
D. B corporation
Limited Liability Company
A sole proprietor
A. is the most complicated form of business legal structure
B. is expensive to set up
C. is more complicated for taxes
D. has no separation of liability if a claim is filed against you
has no separation of liability if a claim is filed against you
A typical general liability insurance policy provides
A. $5000 in coverage
B. $1 to 2 million in coverage
C. $10 to 20 million in coverage
D. $75,000 in coverage
$1 to 2 million in coverage
Which of these additional services is licensed in most (or all) states?
A. mold
, B. energy audits
C. EIFS
D. termites
EIFS
The pre-inspection agreement (inspection contract)
A. should be signed by the client before the inspection begins
B. should be signed by the client after the inspection is completed
C. should be signed by the client when the report is delivered
D. should be used only in states that require it
Should be signed by the client before the inspection begins
Things you need to market your business
A. business cards, brochures, email and newspaper advertising
B. business cards, brochures, and a neighborhood mailing list
C. business cards, brochures, email and a decent website
D. email, a website, and several billboards near major highways
business cards, brochures, email and a decent website
To promote your business, you should spend
A. 10% of your gross fees
B. 1-3% of your gross fees
C. 15% of your gross fees
D. 3-7% of your gross fees
3-7% of your gross fees
You should consider doing a mailing to all past clients
A. a couple of times a year
B. monthly
C. every three years
D. when business slows down
a couple times a year