Top 20 Terms - Inspection
Topical Real Estate Dictionary
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asbestos

A fire-resistant mineral used for insulation and home products that has been found to pose a health hazard.

dry rot

A fungal decay that causes wood to become brittle and crumble.

disclosure

A statement to a potential buyer listing information relevant to a piece of property, such as the presence of radon or lead paint.

home inspection
An examination of a home's construction, condition, and internal systems by an inspector or contractor prior to purchase.

pest-control inspection
A common pest-control inspection is a termite inspection, which is required in some states, such as California.

radon

A ground-generated radioactive gas that seeps into some homes through sump pumps, cracks in the foundation and other inlets. A serious health hazard.

walk-through
A buyer's final inspection of the home to determine if conditions in the purchase agreement have been satisfied.
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