The Home Inspector has certified to Inspection Specialists that on the inspection date he conducted an inspection of the Building in accordance with the Arizona Standards of Professional Practice, a copy of which is available online at www.btr.state.az.us and is considered a part of this Warranty.
Based on this certification, Inspection Specialists hereby agrees that it will pay the reasonable costs of repairing or replacing, or repair or replace themselves, any defective item(s) or defective condition(s) the Home Inspector has failed to observe and/or report accurately in the written inspection report up to a total payment not to exceed in the aggregate, for all claims, the sum of Five Thousand Dollars ($5,000.00), provided the defective item was required to be inspected pursuant to the AZ Standards of Professional Practice.
In the event of a dispute, claim, or controversy, the dispute will be settled by an Arbitrator from the American Arbitration Association as per our written contract. The decision of the Arbitrator appointed thereunder shall be final and binding and a judgment of the award may be entered into any Court of competent jurisdiction. The cost of arbitration filing will be the responsibility of the filing party.
Inspection Specialists must be given the opportunity to view the item or items in question prior to repair work being done. Contact Inspection Specialists first, prior to repair work being done, or this warranty may be voided. This warranty does not limit our liability. It is a promise to perform our services as advertised.