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Home Inspection Reviewed Multiple Choices Questions and Answers Latest 2025/2026 GRADED A+

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Home Inspection Reviewed Multiple Choices Questions and Answers Latest 2025/2026 GRADED A+ Home Inspection Reviewed Multiple Choices Questions and Answers Latest 2025/2026 GRADED A+ Home Inspection Reviewed Multiple Choices Questions and Answers Latest 2025/2026 GRADED A+

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Institution
Home Inspection
Course
Home Inspection

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Uploaded on
March 30, 2025
Number of pages
11
Written in
2024/2025
Type
Exam (elaborations)
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Home Inspection Reviewed Multiple
Choices Questions and Answers Latest
2025/2026 GRADED A+




A home inspector inspects the structure for compliance with building codes. -
CORRECT ANSWER-False (A home inspection is not a code compliance inspection.)



Most home inspectors are hired by buyers. - CORRECT ANSWER-True (Most home
inspections are performed for buyers. Most purchase agreements include an inspection
contingency that gives the buyer the right ti have the home inspected, and the buyer
hires the inspector.)



A home inspection take place before the seller and buyer sign the purchase agreement. -
CORRECT ANSWER-False (The inspection takes place after the seller and buyer sign
the purchase agreement, which typically includes an inspection contingency giving the
buyer the right to have the home inspected.)



All licensed real estate agents may refer to themselves as REALTORS - CORRECT
ANSWER-False (Only member s of the National Association of REALTORS may refers
to themselves as REALTORS.)



Which of the following provisions are often included in an inspection agreement? -
CORRECT ANSWER-the fee for the inspection and when payment is due, the limit to
the inspector's liability for claims or damages arising out of the inspection and the
method for resolving disputes. (An inspection agreement typically includes a statement

, that the inspection report is NOT a guarantee or warranty regarding the present or
future operation of the structure or its systems or components. All of the other items
listed are often included in an inspection agreement.)



Inspections of older homes typically take larger than inspections of newer homes. -
CORRECT ANSWER-True (An inspection can take longer for an older home, which
may have a unique foundation, room additions, an older electrical system, an older
plumbing system, or a combination of old and new electrical and plumbing systems.)



Errors and Omissions (E&O) Insurance - CORRECT ANSWER-Insurance that protects
the insured against liability for committing an error or omission while performing
professional duties.



General Liability Insurance - CORRECT ANSWER-Insurance that protects against
bodily injury and property damage claims.



Home Inspection - CORRECT ANSWER-An unbiased, systematic, noninvasive, visual
inspection of a home.



Home Warranty - CORRECT ANSWER-A program that covers repairs or replacements
of certain components of the home for a specified period of time, often one year.



Inspection Contingency - CORRECT ANSWER-The contract clause that gives a buyer
the right to have a home inspected during a specified period of time.



Inspection Period - CORRECT ANSWER-The time frame specified in the purchase
agreement during which the buyer has the opportunity to conduct an inspection.



Prelisting Inspection - CORRECT ANSWER-A home inspection conducted for a
homeowner before the owner puts the home on the market.
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