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Viper
Certified Home Inspector

join:2012-03-22
Toronto

reply to telco_mtl

Re: What the home insecptor found...

said by telco_mtl:

we have e&o as well, but my collegue who has been in the business 15 years and has been taken to court has yet to touch his inusrance. a well worded contract that is straightforward with a rider at the bottom that has to be initialled separately about arbitration is the best protection. As well operating yourself with a holding and operating company to limit liability also helps.

Ok yes, a well worded and simple contract is better than a 3 page declaration of independence.
--
Certified Home Inspector
Certified Level 1 Thermographer

telco_mtl

join:2012-01-06

said by Viper:

said by telco_mtl:

we have e&o as well, but my collegue who has been in the business 15 years and has been taken to court has yet to touch his inusrance. a well worded contract that is straightforward with a rider at the bottom that has to be initialled separately about arbitration is the best protection. As well operating yourself with a holding and operating company to limit liability also helps.

Ok yes, a well worded and simple contract is better than a 3 page declaration of independence.

we have found judges , at least here in quebec, like the arbitration clause. better than some of these abusive things you see in contracts

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