ICA SCHOOL UPDATED Exam Questions and CORRECT Answers
2 views 0 purchase
Course
ICA SCHOOL
Institution
ICA SCHOOL
ICA SCHOOL UPDATED Exam Questions
and CORRECT Answers
The home inspector's job does not include
A. producing a written report
B. providing an opinion on value
C. providing an opinion on overall condition
D. following a set of Standards of Practice - Correct Answer- Providing an opinion on va...
ICA SCHOOL UPDATED Exam Questions
and CORRECT Answers
The home inspector's job does not include
A. producing a written report
B. providing an opinion on value
C. providing an opinion on overall condition
D. following a set of Standards of Practice - Correct Answer- Providing an opinion on value
A typical home inspection
A. takes two to three hours
B. takes about 90 minutes
C. takes 45 minutes
D. takes 5 hours - Correct Answer- Takes two to three hours
A home inspection usually includes
A. attics, roofing and landscaping
B. soil conditions, garages and windows
C. underground utilities, toilets and siding
D. electrical, plumbing and insulation - Correct Answer- Electrical, Plumbing and insulation
Which of these is not a real inspection association?
A. American Society of Home Inspectors
B. National Association of Home Inspectors
C. Professional Association of Degreed Home Inspectors
D. International Association of Certified Home Inspectors - Correct Answer- Professional
Association of Degreed Home Inspectors
Which statement is false?
A. home inspectors are function and safety inspectors
,B. home inspectors are building code inspectors
C. home inspectors can neither pass nor fail a house
D. home inspectors should always follow a set of Standards of Practice - Correct Answer-
Home inspectors are building code inspectors
Which of these is included in a typical home inspection?
A. hot tub
B. outbuilding
C. carport
D. indoor swimming pool - Correct Answer- Carport
The home inspector's job is finished
A. after the report is delivered
B. after getting paid
C. when the door is locked
D. when the buyer closes the deal - Correct Answer- After the report is delivered
Most inspectors provide a report
A. within 5 business days
B. within 24 to 48 hours
C. within 30 minutes
D. prior to closing - Correct Answer- within 24 to 48 hours
Inspection reports do not usually include
A. a plat of survey
B. maintenance booklets
C. defect photos
D. checklists - Correct Answer- A Plat of survey
Standards of Practice
A. define the cost of each inspection based on square footage
,B. allow the client to know what to expect
C. are developed by each home inspector as needed
D. require the inspector to include every item in a home - Correct Answer- Require the
inspector to include every item in a home
Which of the following is a real company legal structure?
A. bi-lateral partnership
B. double proprietor
C. limited liability company (LLC)
D. B corporation - Correct Answer- Limited Liability Company
A sole proprietor
A. is the most complicated form of business legal structure
B. is expensive to set up
C. is more complicated for taxes
D. has no separation of liability if a claim is filed against you - Correct Answer- has no
separation of liability if a claim is filed against you
A typical general liability insurance policy provides
A. $5000 in coverage
B. $1 to 2 million in coverage
C. $10 to 20 million in coverage
D. $75,000 in coverage - Correct Answer- $1 to 2 million in coverage
Which of these additional services is licensed in most (or all) states?
A. mold
B. energy audits
C. EIFS
D. termites - Correct Answer- EIFS
The pre-inspection agreement (inspection contract)
, A. should be signed by the client before the inspection begins
B. should be signed by the client after the inspection is completed
C. should be signed by the client when the report is delivered
D. should be used only in states that require it - Correct Answer- Should be signed by the
client before the inspection begins
Things you need to market your business
A. business cards, brochures, email and newspaper advertising
B. business cards, brochures, and a neighborhood mailing list
C. business cards, brochures, email and a decent website
D. email, a website, and several billboards near major highways - Correct Answer- business
cards, brochures, email and a decent website
To promote your business, you should spend
A. 10% of your gross fees
B. 1-3% of your gross fees
C. 15% of your gross fees
D. 3-7% of your gross fees - Correct Answer- 3-7% of your gross fees
You should consider doing a mailing to all past clients
A. a couple of times a year
B. monthly
C. every three years
D. when business slows down - Correct Answer- a couple times a year
Which of these marketing methods is not effective for home inspectors?
A. real estate agent marketing
B. yellow pages ads
C. web sites
D. social media - Correct Answer- yellow pages ads
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.