Exam 3: Business Operations

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A home inspection contract or agreement must include which of the following elements?

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Your best friend is a remodeling contractor. The two of you agree to refer clients to one another for a $25 referral fee. Which of the following statements is true about this situation?

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There are many reasons to join industry associations. Which is the BEST reason for home inspectors to join industry associations?

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How long are you required to wait before you can be paid to make repairs on a home you previously inspected?

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Why might it be viewed as misleading to market yourself as the "best" home inspector in your community?

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Although you have passed the National Home Inspector Examination and are a licensed inspector, you have limited experience with certain types of furnaces. How should this influence your actions during an inspection?

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Which of the four elements is NOT associated with a claim of negligence against a home inspector?

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Your client is the prospective buyer of a home. The seller offers to pay you the same fee for the same inspection. How should you handle this situation?

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While conducting an inspection, you notice the roof is missing several shingles. Is it okay to tell your client that the roofing needs to be replaced?

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Which of the following statements is true about home inspectors?

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There are several purposes of a home inspection contract. Which is the PRIMARY purpose of the contract?

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Many states and municipalities allow home inspectors to offer ancillary services in conjunction with the home inspection. Which of the following examples is NOT a recommended service?

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Which of the following statements should you NOT include when marketing your services?

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When reviewing home inspection findings with a client, which of the following actions should you avoid?

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What is a good rule of thumb when it comes to scheduling inspections?

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It is acceptable to partner with a real estate agent under certain circumstances. Which of the following circumstances is NOT acceptable?

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Which of the following statements is the most important one you need to make sure your client understands?

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A real estate agent asks you to inspect a home. She offers to double your fee if the home inspection report is favorable. You should respond by:

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Which of the following descriptions is BEST representative of contractual responsibility?

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Is it true or false that you do not need to include the inspection fee in the pre-inspection contract if you charge a flat fee for all inspections you perform?

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