Updated Regulation For Building Inspection
The Provincial government intent to improve the rules and regulations for Building Inspections. Implementation of the regulations will take effect on September 1, 2016 and the updated requirements are:
- Home inspection contracts must describe in advance what will be covered in an inspection.
- Contractual terms that limit home inspectors liability will be prohibited.
- New business record keeping requirements will be put in place for home inspectors.
- Home inspectors will be required to have valid professional and general liability insurance.
The Province intends to undertake a comprehensive review of qualifications required for a Building Inspector and these new standards are intended to be implemented in 2017.
Will This Impact The Inspection Fee?
Will the inspectors cost more money?
Will Buyer’s insist on carrying out their own inspection?
If you’re the Seller’s agent and the Buyer insists they will do the inspection – YOU NEED TO KNOW AND INFORM THE SELLER
The Buyers should have a liability insurance to cover the Seller.
They are covered by BC Worksafe.
Some home owner’s insurance may not cover another person to carry out the inspection.
Sellers should notify their insurance agent if they are going to sell their house and ensure their policy covers liability for showings, open houses and any other concerns they may have.