After you have a signed purchase offer and before the day of your home inspection should be the signing of a pre-inspection agreement. Keeping in mind real estate transactions live or die around documentation and your engagement with a home inspector should not be an exception to this golden rule.
Your inspector’s insurance policy will more than likely have a condition for coverage which requires the inspector to have the buyer sign an agreement before inspection services are performed. Not having an inspection agreement signed before the inspection means you can count on not being protected by the inspector’s insurance company.
When seeking a reasonable expectation of your buyer’s inspection, the first question that needs to be addressed is the standard by which the home should be judged. Setting your expectation means we set the framework for the relationship. Not having a framework for the business relationship between the buyer and the inspector means there is no standard for whether or not you are getting what you paid for the inspection.
While not required by state laws, signed agreements can be advantageous to all parties including, most importantly, the buyer because they establish the standards of practice and are a critical condition for your inspector’s insurance coverage.