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An inspection contingency is an addendum to a contract that gives buyers the right to have a professional house inspector or other third party examine the property within a certain period of time after the agreement to purchase has been signed.
There are five basic verification methods, as outlined below. iInspection - Inspection is the verification by physical and visual examinations of the. item, reviewing descriptive documentation, and comparing the appropriate charac-. teristics with all the referenced standards to determine compliance with the require-.