Home Inspection

Category - Business Operations

A home inspection is part of which of the following processes?
  1. Due diligence
  2. Discovery
  3. Disclosure
  4. Declaration
Explanation
Answer: A - A home inspection is part of the due diligence process. Buyers have the responsibility of making sure a home is what they expect before finalizing its purchase. Just as a buyer would make sure there are no unpaid taxes they would assume if they buy a home, they want to be confident the home is safe and will not become an immediate financial drain upon finalization of the purchase agreement.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz