Virginia Administrative Code
Title 18 - PROFESSIONAL AND OCCUPATIONAL LICENSING
Agency 15 - VIRGINIA BOARD FOR ASBESTOS, LEAD, AND HOME INSPECTORS
Chapter 40 - HOME INSPECTOR LICENSING REGULATIONS
Part IV - Minimum Standards for Conducting Home Inspections
Section 18VAC15-40-120 - Home inspection contract
Current through Register Vol. 41, No. 3, September 23, 2024
A. For the protection of both the client and the licensee, both parties shall sign a legible, written contract clearly specifying the terms, conditions, and limitations and exclusions of the work to be performed.
B. At a minimum, the written contract shall include:
To the extent any other items are not specifically included in the home inspection by agreement of the parties, they shall also be noted as exclusions in the home inspection contract.
C. The home inspection contract shall make written disclosure that the home inspection report is based upon visual observation of existing conditions of the inspected property at the time of the inspection and is not intended to be, or to be construed as, a guarantee, warranty, or any form of insurance. This provision does not prevent a home inspector from offering a separate guarantee, warranty, or any form of insurance if he so chooses.
D. The requirements of 18VAC15-40-130 D regarding smoke alarms will not be excluded from the home inspection contract.
E. If the home inspector recommends a person to the client for repairs or modifications to the inspected property, the home inspector shall disclose to the client all financial interests that the home inspector has with the recommended person. The disclosure shall be written within the home inspection contract.
Statutory Authority: §§ 54.1-201 and 54.1-501 of the Code of Virginia.