Northland Home

Here is a sample of the standard property inspection contract used by Northland Home Inspections. You may download this contract in Microsoft Word format for filling out, signing, and faxing by right clicking HERE and saving it to your disk. If you have any questions about the contract, please feel free to contact us. email Northland


4275 N. Fanning Dr.
Flagstaff, AZ 86004

Phone: (928) 525-1881

Fax: (928) 525-2010

Property Inspection Contract

 

 

STANDARD TERMS AND CONDITIONS

OF THE PROPERTY INSPECTION CONTRACT

NOTE: These Standard Terms and Conditions are a part of the Property Inspection Contract and are incorporated by reference in Paragraph 7.

Inaccessibility and Non-Inspection: When inspection of any system or component is limited or is designated as not inspected due to inaccessibility or for any other reason, the Client must understand that conditions affecting the structure, systems or components may be present. Therefore, it is strongly recommended that the Client take additional measures to examine these areas or items.

Failure of Client to Sign Property Inspection Contract: Client understands and agrees that if they are not present at the time of the inspection, and therefore do not sign this Agreement, that this Agreement will form a part of the Inspection Report and acceptance of the Inspection Report by Client shall constitute acceptance of all of the terms and conditions of this Agreement.

Re-inspection Right: In the event that the Client has a claim of a breach or failure of warranty, or for negligent inspection of any component or item in the inspection, the Client shall provide the Inspection Company with three (3) working days in which to re-inspect the component or item before the Client repairs or replaces the component or item. This right of re-inspection is to protect the Inspection Company and the Client from the business practices of some contractors who base their recommendations to repair or replace components on false or misleading information. If the Client fails to allow the Inspection Company to re-inspect, the Client waives any claim against the Inspection Company with respect to the component or item.

Time Limit for Action: No action, whether in contract or tort, shall be brought against the Inspection Company in arbitration or a court of law beyond the earlier of six months following the date of the Property Inspection Report or 120 days after discovery by Client of the condition which forms the basis of the action. This time period may be shorter than otherwise provided for by law.

Attorneys’ Fees and Costs: If a claim is made against the Inspection Company for any alleged error, omission or other act arising out of the performance of this inspection, and if Client is not awarded damages in an amount greater than the highest amount offered in settlement by the Inspection Company, Client agrees to pay all costs, attorneys’ fees, arbitrator’s fees and legal expenses incurred by the Inspection Company and its employees, agents, inspectors, directors, shareholders, successors and assigns in the defense of the claim.

Liability Limitation: In the event of a breach or failure of the foregoing warranty, or negligent inspection by the Inspection Company (excluding gross negligence or willful misconduct), Client agrees that the liability of the Inspection Company, and of its agents, employees and inspectors, for claims or damages, costs of defense and suit, attorneys’ fees, and expenses and payments arising out of or in any way connected with errors or omissions in the inspection or the inspection report shall be limited to liquidated damages in an amount equal to the amount paid for the inspection by the Client. Client and Inspection Company acknowledge the liquidated damages are not intended as a penalty but are intended, (1) to reflect the fact that actual damages may be difficult and impractical to ascertain; (2) to allocate risk among Inspection Company and Client; and (3) to enable Inspection Company to perform the inspection at the stated fee. In the event of the tender by Inspection Company of a refund of the inspection fee, such refund shall be full and final settlement of all present and future claims and causes of action and Inspection Company shall be thereupon generally and fully released.

Third Party Indemnification: The Property Inspection Report is not intended for use by anyone other than the Client. No third party shall have any right arising from this Contract or the Property Inspection Report. In consideration for the furnishing of the Property Inspection Report, the Client agrees to indemnify and hold harmless the Inspection Company, its agents, employees, inspectors, directors, officers, shareholders, successors and assigns, for all costs, expenses, legal fees, awards, settlements, judgements, and any other payments of any kind whatsoever incurred and arising out of a law suit, cross-complaint, countersuit, arbitration, administrative proceeding, or any other legal proceeding brought by any third party who claims that he/she relied on representations made in such Property Inspection Report and was damaged thereby. Client’s request that the Inspection Company release copies of the Property Inspection Report shall be at Client’s risk with respect to the contents of this paragraph.


Pre-closing Walk-through: The Client acknowledges receipt of instructions and a checklist for conducting their own Walk-through immediately prior to closing on their purchase. Client agrees to personally (or through their designated representative) carry out such Pre-closing Walk-through within 36 hours before closing. Client further agrees that neither the Inspector nor the Company shall be held responsible for costs of correcting alleged defects or repairing/replacing non-functional components, if such conditions could have reasonably been detected by a lay-person in the course of a diligent Pre-closing Walk-through.

Northland Home

 

 

 

copyright© 2003 Red Thread Websites ~ all rights reserved