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Inspection, Repair and Survey

Inspection, Repair and Survey 2025

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The document is an Inspection, Repair and Survey Addendum related to a real estate contract between buyers Steven C. Smith and Louise M. Smith and the seller for a property located at 151 Jackpot Lane, Hot Springs, AR. It outlines the buyer's options regarding property inspection, including the choice to waive inspection rights or request repairs. The addendum emphasizes that it is legally binding and incorporates provisions from the original real estate contract. It also details the process for submitting repair requests and responses between the buyer and seller.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the details of the real estate contract, including the date and names of the buyer and seller. Ensure accuracy as this information is crucial for legal purposes.
In the 'Buyer's Inspection' section, select one of the options regarding inspection rights. If repairs are needed, list them clearly in the provided space.
If applicable, complete the 'Seller's Response to Repair List' section after discussing with the seller. This will outline any agreements on repairs.
Finally, ensure all parties sign where indicated. Review each section carefully before submitting to confirm that all necessary information is included.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the difference between a survey and an inspection?

Focus on the common repairs needed after a home inspection Plumbing. HVAC system should heat and cool properly and timely. Roof. Electrical issues. Foundation issues. Properly functioning windows and doors. Water-related fungus damage. Reasonable health and/or safety concerns.

What should a seller fix after an inspection?

Repairs can be paid by the buyer, seller, or bothevery transaction is unique. Depending on the circumstances, the buyer may ask that the seller take care of docHub safety hazards and other costly fixes. If the seller refuses, the buyer may leave the deal altogether.

What is the biggest red flag in a home inspection?

Property surveys are professional evaluations conducted by licensed surveyors to determine exact boundaries, usage rights, and potential issues affecting real estate ownership. They can identify property lines, easements, encroachments, and structures that could impact your legal rights or property value.

What is the difference between a surveyor and an inspector?

The inspector examines the structural aspects of the home, heating and cooling systems, plumbing, electrical work, water and sewage to ensure they are all functioning properly. The overall condition of the property is also assessed for fire and safety issues, damages and anything else that can affect its value.