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  2. Inspection - Wikipedia

    en.wikipedia.org/wiki/Inspection

    A vehicle inspection, e.g., an annual inspection, is a necessary inspection required on vehicles to conform with laws regarding safety, emissions, or both. It consists of an examination of a vehicle's components, usually done by a certified mechanic.

  3. Home inspection - Wikipedia

    en.wikipedia.org/wiki/Home_inspection

    A home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. Home inspections are usually conducted by a home inspector who has the training and certifications to perform such inspections. The inspector prepares and delivers to the client a written report of findings.

  4. Real Estate Definitions Every Seller Should Know - AOL

    www.aol.com/news/2010-09-14-terms-every-seller...

    Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...

  5. Property condition assessment - Wikipedia

    en.wikipedia.org/wiki/Property_condition_assessment

    Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate.Commercial property and building inspections are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.

  6. SEC classification of goods and services - Wikipedia

    en.wikipedia.org/wiki/SEC_classification_of...

    Most products fall into the search goods category (e.g. clothing, office stationery, home furnishings). Experience goods: those that can be accurately evaluated only after the product has been purchased and experienced. Many personal services fall into this category (e.g. restaurant, hairdresser, beauty salon, theme park, travel, holiday).

  7. Thermal Imaging Home Inspection Gadget Rankles Real Estate Agents

    www.aol.com/news/2010-05-21-thermal-imaging-home...

    A portable thermal imaging device that uses an infrared camera to spot temperature differentials around a house is being touted in some real estate circles as the hottest trend in home purchases.

  8. I’m a Real Estate Expert: 7 Costly Issues That Will ... - AOL

    www.aol.com/m-real-estate-expert-7-170010070.html

    A home inspection isn't always required, depending on the type of mortgage, lender guidelines and state regulations, but it is recommended. Home inspections can uncover potential issues and risks,...

  9. Latent defect - Wikipedia

    en.wikipedia.org/wiki/Latent_defect

    In construction contracting, a latent defect is defined as a defect which exists at the time of acceptance but cannot be discovered by a reasonable inspection. [2]In the 1864 US case of Dermott v Jones, the latent defect lay in the soil on which a property had been built, giving rise to problems which subsequently made the house "uninhabitable and dangerous".