Agreement for Termite Inspection of Improvements and Corrective Work
Description
Key Concepts & Definitions
Agreement for Termite Inspection of Improvements: This is a legal document signed between a property owner and a termite inspection company. It outlines the terms under which an inspection will be performed to identify termite infestations and damage in physical structures or improvements on a property.
Step-by-Step Guide
- Identify a Licensed Termite Inspector: Ensure the inspector or company is licensed to perform termite inspections in your state.
- Schedule an Inspection: Contact the company to set a date and time for the inspection that works for both parties.
- Review and Sign the Agreement: Carefully review the terms outlined in the agreement. Look for details on the scope of the inspection, fees, and follow-up procedures. Sign the agreement to commence the inspection process.
- Accompany the Inspector: If possible, be present during the inspection to gain firsthand insights and ask questions directly.
- Review the Inspection Report: Once completed, review the detailed report provided by the inspector. Discuss any findings and possible remediation steps.
Risk Analysis
- Undetected Damage: Incomplete inspections or incompetency in handling the inspection might miss existing termite damage.
- Future Infestations: Even after a thorough inspection and treatment, there's no guarantee against future termite infestations without ongoing protection plans.
- Financial Implications: Failure to identify and treat infestations could lead to severe damage, resulting in substantial repair costs.
Common Mistakes & How to Avoid Them
- Not Reading the Agreement Carefully: Always read and understand each clause in the agreement for termite inspection. Ask questions if anything is unclear.
- Choosing an Unlicensed Inspector: Verify the inspector's credentials to ensure quality and legal compliance.
- Ignoring Professional Recommendations: Failing to act on remediation steps advised by experts can lead to escalated termite problems.
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FAQ
Do a Little Bit of Rearranging. Make It Easy to Access the Attic. Clear the Crawl Space. Take Care of Some Landscaping. Getting Rid of Excess Moisture. Keeping Landscaping Clean. Repairing Your Roof and Attic As Soon as There's An Issue. Saying No to Cardboard.
A termite bond is a warranty between you and a termite company, a little like a maintenance contract.An agreement to provide treatment and control if termites are discovered. These services are usually covered by a bond, so the homeowner doesn't have to pay any extra.
Termite inspections are not required in California during the sale of real property. This is typically seen as a negotiable part of the contract. When a buyer places an offer on a home they are considering purchasing they can ask that the seller provide a termite inspection and pay for repairs found in that inspection.
A selling enhancement that buys peace of mind On the sell side, a termite bond is a selling enhancement. It's like insurance; it's only a waste of money if you never file a claim.
As the seller, you should expect to pay for the termite inspection cost and Section 1 termite treatment. If you negotiate an offer that states you are not responsible for paying for Section 1 remediation, make sure the buyer tracks whether or not the bank requires a termite certificate.
The reality is that home termite control is absolutely essential. Termites can quickly cause a devastating amount of damage to your home, resulting in costly repairs. Taking the necessary steps for termite inspection, control, treatment, and prevention can save you thousands of dollars in the long run.
The price of a Termite Bond may runs between $500 and $2000 dollars which is a one time cost. Usually an inspection is done once a year with most companies charging an extra fee for this service. Some contracts have extra fees if extra services are needed.
Don't go with the first company recommended. Obtain proposals from a minimum of 3 reputable termite control companies. A proposal is very important and should document the company's plan for chemical treatment procedures, bait station placements, repair or wood work, copies of insecticide labels, and warranties.
The inspector will look at the interior and exterior areas of your home, checking for visible signs of a termite infestation, which include: droppings, broken wings, mud tubes, and damaged wood. The inspector will check your baseboards, walls, windows, crawl spaces, door frames, insides of cabinets and closets.