Buying a home is one of life’s biggest investments and getting a home inspection can be an important step in the decision-making process. It’s important to read your home inspection contract very carefully because there’s crucial information that must be in there. We’re going to tell you what to look for and why it matters.
In BC, home inspectors must be licensed with us and are required to follow certain laws, including a number of things that must be in the contract.
A home inspection contract must:
- Say exactly what is covered in the home inspection
- Say whether the home inspector will inspect for mold or asbestos
- Include specifics on whether invasive procedures will be used, if any
- Not have information that limits the liability, or amount of liability of the home inspector
Why it matters
This information needs to be in your contract so you know what to expect from the home inspection and are aware of what’s involved in the process (and what’s not). In BC, a home inspector is also required to hold at least $1 million in both professional and comprehensive liability insurance in case something goes wrong and the matters goes to court.
There are more elements that must be in the contract, To find out more about what to expect from a home inspection and to learn more about your rights and responsibilities as a consumer, explore our website or contact us directly.
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About Consumer Protection BC
We are responsible for regulating specific industries and certain consumer transactions in British Columbia. If your concern is captured under the laws we enforce, we will use the tools at our disposal to assist you. If we can’t help you directly, we will be happy to provide you with as much information as possible. Depending on your concern, another organization may be the ones to speak to; other times, court or legal assistance may be the best option. Explore our website at www.consumerprotectionbc.ca.