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In this video, Steve Murasky from Miranski Inspections discusses the importance of understanding the inspection agreement and standards of practice. The inspection is visual and non-invasive, focused on providing a sampling of the components of the home. It is essential to read through these documents and ask any questions for clarity. The liability is limited to the cost of the inspection, but higher levels can be discussed for more coverage. Remember, the inspection is not a warranty or guarantee, and customization is based on the home's age and condition.