Home Inspection Liability

Faulty Furnaces and Inspection Issues.

It’s always a good idea to get a professional building inspector to assess any property you’d like to buy. But it doesn’t guarantee 100% that you won’t have problems with your real estate purchase! Whose responsibility is it if there are issues that the inspector doesn’t find? The following is a story about a client, an inspection, and a rusty old furnace.

My client hired a reputable home inspector to check a potential house purchase in Calgary, Alberta. After what appeared to be a thorough inspection, which included the 17-year-old furnace, my client decided to purchase the 1960 bungalow.

Days before occupancy, the natural gas furnace died, apparently from a rusted out heat exchanger. My client thought the home inspector should have caught this. The two estimates for repair were $4,000 and $10,000. Continue reading

Welcome!

This blog is a place to share my 40+ years of experience as a lawyer and real estate investor. My practice is based in Edmonton, Alberta, but much of the content here will be applicable to Western Canada and beyond. I’ll be posting useful information on the legal side of real estate investment as audio podcasts and full text handouts, both of which are based on my popular Tales from the Trenches presentations for the Real Estate Investment Network (REIN). There will also be information about paying less tax when selling real estate or a business, upcoming events, and other exciting news.

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Contact Barry McGuire now. Alberta real estate needs an Alberta lawyer.