Home Inspectors AccountabilityPROVIDING CONSISTENCY FOR HOMEBUYERS
2021 Wis Act 17 Home Inspectors (formerly SB 74/AB
WRA VICTORY: PASSED AND SIGNED INTO LAW
Home inspectors provide an invaluable service to prospective buyers and sellers. They create an atmosphere of comfort for both ends of a real estate transaction by allowing both buyers and sellers to be aware of any and all condition issues with a potential property.
The Wisconsin REALTORS® Association is supportive of legislation that will allow consumers to have an expectation of consistency when they receive the home inspector’s report. Home inspectors are currently required to identify defects during the home inspection. This new legislation stipulates that home inspectors are required to use the word “defect” in their report when it meets the statutory definition and requires a summary page to their report.
These simple but necessary changes to Wisconsin’s state statute will allow for homebuyers and sellers to have more trust in the home inspection report for all property transactions.