InterNACHI fighting for inspectors in Texas: Letter to TREC.

Has there been any valid word of an official position by the IAC and TREC regarding the topics in this meeting?

There are several posts on the TPREIA sight o Facebook and. The dear sunset group

Thanks Nick.

So at this time there is no valid word of an official position by the IAC and TREC regarding the topics in this meeting?

May 7 TREC Commisioner meeting. Motion to define who your client is. No matter who pays TREC will consider any prospective buyer/seller or buyer/seller to be the client. No interpretation on third-party liability to future buyers but based on insurance subrogation lawsuits inspector is on the hook for more than the immediate client no matter what the contract says. file:///C:/downloads/Book20180507%20(6).pdf

The effort to raise insurance bounced around like a ball. The inspector committee is leaning towards 100k e&o and 50 general liability. Video at Meeting Details

TREC lawyers specifically stated an inspector could not limit liability to less than 100k and that all court ruling prior to the insurance statute were void. The discussions became too visible for TREC so Executive Director put the topic on the back burner. Executive Director is suggesting the topic of liability be addressed by Sunset and or next legislative session. Video at Meeting Details