ASHI Home Inspector Exam 2026-2027
ASHI's objectives include: - ANSWER promotion of excellence within the profession and
continual improvement of its member's inspection services to the public.
The purpose and scope of ASHI guidelines include: - ANSWER performing inspections that
are intended to provide the client with a better understanding of the property conditions, as
observed at the time of the inspection.
Swale - ANSWER a low or hollow place, especially a marshy depression between ridges. A
water-harvesting ditch on contour.
Whatever its particulars, must be something of value to the people who
are making the contract. - ANSWER consideration (legal/business)
: a form of restitution that involves the shifting of the entire loss from one who has paid it to
another who would be unjustly enriched at the expense of another - ANSWER
Indemnification (legal/business)
Bankruptcy - ANSWER a legal proceeding that relieves you of the responsibility of paying
your debts or provides you with protection while attempting to repay your debts.
(legal/business)
lis pendens - ANSWER a written notice that a lawsuit has been filed concerning real estate,
involving either the title to the property or a claimed ownership interest in it. (legal/business)
Arbitration - ANSWER a non-court procedure for resolving disputes using one or more
neutral third parties. (legal/business)
Nonprofit corporation - ANSWER - a legal structure authorized by state law allowing people
to come together to either benefit members of an organization (a club, or mutual benefit
society) for some public purpose (such as a hospital, environmental organization or literary
society). (legal/business)
Lease - ANSWER an oral or written agreement (a contract) between two people concerning
the use by one of the property of the other. (legal/business)
Nondisclosure agreement - ANSWER a legally binding contract in which a person or business
promises to treat specific information as a trade secret and not disclose it to others without
proper authorization. (legal/business)
Fiduciary - ANSWER in law, a person who is obliged to discharge faithfully a responsibility of
ASHI's objectives include: - ANSWER promotion of excellence within the profession and
continual improvement of its member's inspection services to the public.
The purpose and scope of ASHI guidelines include: - ANSWER performing inspections that
are intended to provide the client with a better understanding of the property conditions, as
observed at the time of the inspection.
Swale - ANSWER a low or hollow place, especially a marshy depression between ridges. A
water-harvesting ditch on contour.
Whatever its particulars, must be something of value to the people who
are making the contract. - ANSWER consideration (legal/business)
: a form of restitution that involves the shifting of the entire loss from one who has paid it to
another who would be unjustly enriched at the expense of another - ANSWER
Indemnification (legal/business)
Bankruptcy - ANSWER a legal proceeding that relieves you of the responsibility of paying
your debts or provides you with protection while attempting to repay your debts.
(legal/business)
lis pendens - ANSWER a written notice that a lawsuit has been filed concerning real estate,
involving either the title to the property or a claimed ownership interest in it. (legal/business)
Arbitration - ANSWER a non-court procedure for resolving disputes using one or more
neutral third parties. (legal/business)
Nonprofit corporation - ANSWER - a legal structure authorized by state law allowing people
to come together to either benefit members of an organization (a club, or mutual benefit
society) for some public purpose (such as a hospital, environmental organization or literary
society). (legal/business)
Lease - ANSWER an oral or written agreement (a contract) between two people concerning
the use by one of the property of the other. (legal/business)
Nondisclosure agreement - ANSWER a legally binding contract in which a person or business
promises to treat specific information as a trade secret and not disclose it to others without
proper authorization. (legal/business)
Fiduciary - ANSWER in law, a person who is obliged to discharge faithfully a responsibility of
