Kovats Real Estate School Practice Test 2026 - Free Real Estate Practice Questions and Study Guide

Question: 1 / 400

What is the role of an inspector in a real estate transaction?

To evaluate the condition of a property and identify any issues that may affect its value or safety

The role of an inspector in a real estate transaction primarily involves evaluating the condition of a property and identifying any issues that may affect its value or safety. This is crucial for both buyers and sellers, as it helps to uncover hidden defects or areas needing repair that might not be immediately apparent during initial showings. An inspection typically covers various aspects of the property, including structural components, systems such as plumbing and electrical, and potential safety hazards.

Identifying these issues allows buyers to make informed decisions regarding their purchase, potentially leading to negotiations for repairs or price adjustments. For sellers, understanding the property's condition helps set realistic expectations and can aid in preparing the property for a successful sale.

In contrast, the other roles mentioned do not pertain to the inspector. Marketing a property to potential buyers falls under the responsibilities of real estate agents or brokers. Negotiating the sale price is a function generally handled by agents representing either buyers or sellers, and providing legal advice during the closing process is typically the responsibility of real estate attorneys. Hence, the inspector's role is distinctly focused on assessing property conditions.

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To market the property to potential buyers

To negotiate the sale price on behalf of the buyer

To provide legal advice during the closing process

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