Wis. Stat. § 440.97

Current through Acts 2023-2024, ch. 272
Section 440.97 - Definitions

In this subchapter:

(1) "Client" means a person who contracts with a home inspector for a home inspection.
(2) "Compensation" means direct or indirect payment, including the expectation of payment whether or not actually received.
(2m) "Defect" means a condition of any component of an improvement that a home inspector determines, on the basis of the home inspector's judgment on the day of an inspection, would significantly impair the health or safety of occupants of a property or that, if not repaired, removed, or replaced, would significantly shorten or adversely affect the expected normal life of the component of the improvement.
(3) "Dwelling unit" means a structure or that part of a structure that is used or intended to be used as a home, residence or sleeping place by one person or by 2 or more persons who are maintaining a common household, to the exclusion of all others.
(4) "Home inspection" means the process by which a home inspector examines the observable systems and components of improvements to residential real property that are readily accessible.
(5) "Home inspection report" means a written opinion of a home inspector concerning all of the following:
(a) The condition of the improvements to residential real property that contains not more than 4 dwelling units.
(b) The condition of mechanical and structural components of the improvements specified in par. (a).
(6) "Home inspector" means an individual who, for compensation, conducts a home inspection.
(7) "Technically exhaustive" means the extensive use of measurements, instruments, testing, calculations and other means to develop scientific or engineering findings, conclusions or recommendations.

Wis. Stat. § 440.97

Amended by Acts 2021 ch, 17,s 1, eff. 3/28/2021.
Amended by Acts 2018 ch, 338,s 1, eff. 7/1/2018.
1997 a. 81.