Environmental
A Wyoming home inspector who discovers potential asbestos-containing materials should:
ARemove the materials immediately
BRecommend testing by a certified asbestos inspector and note the observation in the report✓ Correct
CIgnore it if the materials appear to be in good condition
DAdvise the buyer to cancel the purchase contract
Explanation
Home inspectors are not certified asbestos inspectors. Upon identifying suspected ACMs, they should note the observation and recommend evaluation by a certified asbestos professional.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
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