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  1. #1
    Join Date
    Aug 2011
    Location
    california
    Posts
    56

    Default HI's not liable for anything above their fee?

    Fine Homebuilding magazine, summer 2014, #243 p.16 article by Gary Katz:

    Katz wrote:
    "my attorney stated that Home-inspection companies are not liable for anything in excess of their home inspection fee."

    Katz had bought a house in Oregon and later found defects missed by the pre-purchase HI.
    The HI had been recommended by the realtor.

    Opinions please?

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  2. #2
    Join Date
    Mar 2007
    Location
    Orlando, FL
    Posts
    1,336

    Default Re: HI's not liable for anything above their fee?

    Complicated issue, and you need to supply substantially more data to render an opinion.

    Dom.


  3. #3
    Join Date
    Mar 2007
    Location
    Atlanta, Georgia
    Posts
    1,075

    Default Re: HI's not liable for anything above their fee?

    Common component of many HI contracts is a limit of loss to the amount of the inspection fee. It is generally not a defensible legal position. It does help to persuade many unhappy buyers to settle with a return of their fee and sign a release of any future damages.

    This is a legal question that is best answered by legal experts and not home inspectors.

    "The Code is not a peak to reach but a foundation to build from."

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