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[FONT=Calibri] [/FONT]Still can’t get my headaround the fact they want to license 1,500 people…which, if it were to passwill likely be half that given the cost, trouble and HOT real estate market.
Not sure how it would be viable. Can it be arevenue generator with 1,500…so you’d think at best it would be revenueneutral. And if not, why the hell would Wynne put money towards us homeinspectors .
RoyCooke
http://www.theglobeandmail.com/news/national/ontario-to-introduce-regulations-for-home-inspections/article31443164/
**Ontario tointroduce regulations for home inspections **
**Tamsin McMahon -REAL ESTATE REPORTER **
The Globe and Mail
Published Wednesday, Aug. 17, 2016 1:36PM EDT
Last updated Wednesday, Aug. 17, 2016 1:41PM EDT
Minister of Government and Consumer ServicesMarie-France Lalonde said the province plans to introduce laws that wouldestablish minimum standards for home inspections, including the type ofinformation that inspectors would be required to disclose to home buyers andthe language inspectors are allowed to use in their contracts.
The government said it alsoplans to create an independent administrative authority to licence the province’smore than 1,500 home inspectors.
“These changes would ensure consumers benefit fromquality advice, are protected from surprise costs and aware of safety issuesbefore buying a home,” the province said in a news release. “This will alsocreate a level playing field for the home inspection industry, preventinginspectors with little or no training from competing with qualifiedprofessionals by offering lower rates.”
Home inspectors are one of the few professionalstied to Ontario’s real estate industry that are not licensed or regulated, eventhough nearly 65 per cent of all homes sold on the resale market in Ontario areinspected each year, according to government estimates.
Related:How high home prices have buried Canadians in debt
Currently, home inspectors are governed by apatchwork of different industry organizations, each with their own trainingprograms and accreditation standards, although industry associations have urgedthe government to introduce rules that would apply to all inspectors.
Ontario has been examining the issue of licensinghome inspectors since 2013, when the idea was among 35 recommendations made byan expert panel the province created to study ways to strengthen consumerprotection in the housing market.
Liberal MPP Han Dong introduced a private members’bill in February that sought to license the industry, prompting the governmentto announce plans to draft its own legislation.
If the legislation passes, Ontario would join B.C.and Alberta as the only provinces in Canada to regulate the home-inspectionindustry. The B.C. government announced earlier this year that it planned totighten its regulations governing home inspectors, including requiringinspectors to have liability insurance, introducing stricter rules aroundrecord-keeping and banning contracts that limit an inspectors’ liability.