Tweaks to 2016-2017 Inspection Contingency

One of the more awkward moments in any Buyer’s home inspection is when the Buyer’s contractor finally succeeds in opening the ceiling panel accessing the attic or crawl space — only to have a pile of debris rain down on them (and perhaps, the Seller’s brand-new hall carpeting).

atticOr, the panel gets damaged in the course of being pried open.

Or both.

Try explaining that to an already anxious Seller, who’s waiting to see what (other) issues the Buyer’s inspection will raise.

Forms Change

To address just that situation, the Minnesota Association of Realtors’ Forms Committee recently updated the language in the standard Minnesota Inspection Contingency.

Now, Sellers are formally on notice that Buyers will expect to access the home’s attic or crawl space.

Which means that, if the access panel hasn’t been removed in decades (or ever!), the Seller may want to do that prior to the Buyer’s home inspector showing up . . .

P.S.:  Elsewhere, the Inspection Contingency was radically overhauled, substituting an entirely new protocol for counting inspection days.  See, . . . um, I haven’t written it yet.  🙂

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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