Real Estate Continuing Education Practice Test

Question: 1 / 400

What is the main purpose of a property inspection?

To identify any code violations

To assess property tax value

To identify any issues or necessary repairs before a sale is completed

The main purpose of a property inspection is to identify any issues or necessary repairs before a sale is completed. During the inspection, a qualified professional examines various aspects of the property, including the structure, systems, and safety features. This step is crucial for both buyers and sellers as it helps to ensure that the property is in good condition and to uncover any potential problems that could affect its value or safety.

For buyers, a thorough inspection provides peace of mind and can inform decisions regarding repairs or price negotiations. Sellers can also benefit from a property inspection by addressing issues ahead of time to make the property more attractive to potential buyers and facilitate a smoother transaction. Recognizing these issues early allows for better planning and reduces the likelihood of surprises during the close of the sale.

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To prepare the property for staging

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