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Sectional Analysis for HB 207
An Act relating to the registration of persons who perform home inspections; and providing for an effective date.
Posted: March 18, 2000 Section 1: Limits the legal actions against a home inspector to action brought by the person who contracted and paid for the written home inspection report; and is limited to within one year after the date of the written report. It makes any contract provision limiting the liability of a home inspector to the cost of the home inspection report as contrary to public policy and void. It defines applicable home inspection, real estate transaction and residence. Section 2: Delineates prohibited acts relating to home inspectors, including, prohibiting: getting an extra fee to perform repairs on any structure that the individual or the company has prepared a home inspection report in the past 12 months; inspecting for a fee any property that they have a financial interest; offering or delivering compensation for referral of business; disclosing information from a home inspection report, without written consent from the home inspection client or the client’s representative or within one year after the date of the report , unless to a subsequent client who requests a home inspection of the same premises; accepting compensation from more than one interested party for the same services without the written consent of all interested parties; accepting a commission or allowance, directly or indirectly, for work for which the individual or company is responsible; accepting a fee payable or contingent fee for a report, based on the conclusions, preestablished findings, or the close of escrow. It defines home inspection, intentionally, real estate transaction and residence. It makes violation of this section a class A misdemeanor. |
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