EXPLANATIONS AND LIMITATIONS


The purpose of this inspection is to provide a general understanding of the property condition. This inspection conforms to the Standards of Practice of the Texas Real Estate Commission (TREC) that establishes a minimum level of service performed.  You should review these Standards of Practice (SOP: http://www.trec.state.tx.us/inspector) and understand the requirements of the inspector set forth.  The SOP establishes the minimal expectations for the report content.   Any diversions from the SOP must be in writing and agreed to by both parties

 

Although the inspector may report certain defects and safety concerns, it is important to understand that this report is not a comprehensive safety inspection nor is it a comprehensive defect/repair report.

 

In some limited circumstances, TREC requires the inspector to compare the home to modern construction standards and codes.  Beyond these circumstances, identification of items that do not meet current construction standards or codes are not within the scope of this report. If any are mentioned, they are for informational purposes only and are by no means exhaustive or comprehensive.  For the purpose of this report the terms “appropriate” and “proper” as used in the TREC Standards of Practice is defined as, “meeting building practices customary to the region relative to the age of the item being inspected”. The terms do not imply compliance to manufacturer specifications or current construction standards or codes.


This inspection report reflects the condition of stated items at the time of the inspection.  This is a visual inspection and items that cannot be seen or are unsafe to review are not included. Inspected By Bob Inc. will have no liability for latent defects which cannot be observed by a normal inspection nor can be determined by normal equipment operation; and it is specifically agreed and understood that: Mechanical devices and structural components may be functional one moment and later fail or malfunction. The inspection report may not include minor settlement and minor crack in concrete veneer and walls that would be within the normal tolerance or standard and does not impair the structural function of the building. The inspection report may not include cosmetic defects; minor cracks, scrapes, dents, scratches, soiled or faded surfaces of the structure or equipment. Also, soiled, faded, torn or dirty floor, wall or window coverings. The Inspection Report is not to be construed as a total list of defects, existing or potential.

 

To formulate the opinions in the report, the inspector will “look at and examine accessible items, parts, systems or components without, except as required by the rules of the Texas Real Estate Commission, laboratory, scientific or engineering evaluation or testing, destructive tests or the dismantling or removal of parts, members or components.” (See TREC SOP).  Furniture, stored items, foliage, flooring or other items are not moved for inspection purposes. It is important to understand that while the inspection attempts to reduce your risk, it will not eliminate your risk.  As stated, this is NOT a comprehensive safety or building standards/code report.  The inspector does not inspect for building codes, mold, mildew, soil analysis, adequacy of design, capacity, efficiency, size, value, flood plain location, habitability, future life of components, or any other topic not addressed by the SOP without explicit agreement.  Any mention of these or other topics in the report is strictly informational and is not to be construed as a comprehensive analysis.  Guarantees, warranties or protection against errors and omissions are not expressed or implied.  To obtain guarantees or warrantees, we recommend you contact a home warranty or insurance company.  We recommend all issues raised in this report, regardless of their apparent insignificance, be investigated by properly trained and appropriately licensed specialists before acquiring the property.

 

This inspection report is prepared for the sole use of the person or company named on the report (Prepared For:, page 1).  It is not transferable without explicit written agreement by Inspected By Bob Inc.  It is a general condition report of the property at the time of the inspection and is not to be used for any other purpose including but not limited to warranty, insurance, HUD, appraisal, or any other third party. You agree to allow a representative of Inspected By Bob Inc. to discuss this report with the Agents/Brokers involved in the transaction for the purposes of clarification.

 

We want your experience to be as pleasant as possible and will do everything in our power to explain and resolve any issues or concerns you may have.  If you feel you still have difficulties, the following procedures will explain how to resolve them.

 

The client agrees to notify Inspected By Bob Inc., in writing within fifteen (15) days from the presentation of the report to the client, of any complaints or claims and agrees to allow a prompt re-inspection of the item(s) in question.  Otherwise, the client waives all claims for damages arising from said complaints.  Client agrees that any damages for breach of this contract is limited to the amount of the inspection fee.  After the re-inspection, the client agrees first to try in good faith to settle the dispute with Inspected By Bob Inc.  If that result is not satisfactory to either party, the client agrees to binding mediation administered by the American Arbitration Association under its Commercial Mediation Rules (http://www.adr.org).  If you sue or bring to arbitration any claim in which you do not prevail, you agree to pay all reasonable fees incurred by Inspected By Bob Inc. to resolve your claim including but not limited to attorney and arbitration fees. 

 

I/We have read and understand the above and all references mentioned.

Client(s):_Client's Name

Signature(s):__________________________________________________________ Date:________________________ Amount:_________________

NOTE: In addition, TREC administers two recovery funds which may be used to satisfy judgments against inspectors and real estate licensees involving a violation of the law.  Complaints or inquiries should be directed to "Texas Real Estate Commission, P.O. Box 12188, Austin, Texas, 78711-2188. (512) 465-3960 [ http://www.trec.state.tx.us/consumer ]