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Authenticity ID: 0F0799B8A8A14C209460E648ED8C0613Form 35P Inspection Agreement Rev. 2/17-Page 1 of 1Copyright 2017 Northwest Multiple Listing Service ALL RIGHTS RESERVEDPREINSPECTION Agreements PreContract

How to fill out this pre-contract inspection agreement

How to fill out this pre-contract inspection agreement

1. Start by gathering all necessary information and documents related to the inspection, such as property details, inspection checklist, and relevant legal agreements.
2. Carefully read through the pre-contract inspection agreement to familiarize yourself with its contents and requirements.
3. Begin filling out the agreement by entering the date and the names of the parties involved, i.e., the buyer and seller.
4. Provide a brief description of the property to be inspected, including its address, size, and any notable features.
5. Specify the purpose of the inspection, whether it is for buying, selling, or leasing the property.
6. Clearly state the duration and scope of the inspection, including any specific areas of focus or limitations.
7. Outline the responsibilities and obligations of both parties during the inspection process, such as access to the property, payment terms, and any additional requirements.
8. Include any disclaimers or limitations of liability to protect both parties from potential disputes or claims arising from the inspection.
9. Provide space for the buyer and seller to sign and date the agreement, indicating their consent and understanding of its terms.
10. Keep a copy of the completed agreement for record-keeping purposes and ensure that all parties involved receive a copy.

Who needs this pre-contract inspection agreement?

1. Buyers: Buyers who are interested in purchasing a property can benefit from a pre-contract inspection agreement to ensure that the property meets their expectations and to identify any potential issues or defects.
2. Sellers: Sellers can also benefit from a pre-contract inspection agreement as it allows them to disclose any known issues or defects upfront, reducing the risk of future disputes or legal problems.
3. Real Estate Agents: Real estate agents involved in property negotiations can use a pre-contract inspection agreement to facilitate smooth transactions and provide added protection for their clients.
4. Property Inspectors: Professionals in the field of property inspection can utilize a pre-contract inspection agreement to establish clear expectations and protect their interests during the inspection process.
5. Landlords and Tenants: In cases where a pre-contract inspection is required before leasing a property, both landlords and tenants can benefit from having a formal agreement in place to outline responsibilities and address any existing issues.

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What is this pre-contract inspection agreement?

This pre-contract inspection agreement is a document that outlines the responsibilities and requirements of both parties involved in a real estate transaction.

Who is required to file this pre-contract inspection agreement?

Both the buyer and the seller are required to fill out and file this pre-contract inspection agreement.

How to fill out this pre-contract inspection agreement?

To fill out this agreement, both parties must provide accurate and detailed information about the condition of the property being sold.

What is the purpose of this pre-contract inspection agreement?

The purpose of this agreement is to ensure that both parties are aware of any issues or damages with the property before finalizing the sale.

What information must be reported on this pre-contract inspection agreement?

Information such as the condition of the property, any known issues or damages, and any repairs or improvements that have been made must be reported on this agreement.