HOME SAVERS HOME INSPECTION SERVICES LLC.                                                       CONDOMINIUM INSPECTION AGREEMENT      This Home Inspection Agreement (hereinafter referred to as “Agreement”) is made this _____ day of ______, 2005 by and between __________________ (hereinafter referred to as “Client”) and Hans T. Ziegenbein (hereinafter referred to as “Inspector”). 1.        Property, Payment and Report. At the time of the inspection Client will pay Inspector the sum of _______ for Inspector to conduct a visual inspection of the property located at _____________ (hereinafter referred to as the “Property”). Inspector will provide Client with the written report within 24 hours of completion of the on-site portion of the inspection. 2.        Purpose.  Inspector will perform a visual inspection of the Property and prepare a written report of the apparent condition of the accessible installed systems and components existing at the time of the inspection. In addition to those exclusions specified in paragraph five of this Agreement, latent and concealed defects and deficiencies are excluded from the scope of the inspection of the Property. The inspection of the Property also includes no destructive testing or dismantling. 3.        Standards.  The parties hereto agree that the current Standards of Practice of the Illinois Office of Banks and Real Estate (hereinafter referred to as “Standards”) which implement the Home Inspector License Act (225 ILCS  441 et seq.), are incorporated herein by reference.  A copy of the Standards is attached. 4.        Systems To Be Inspected.  The parties agree that the systems to be inspected include the following systems and their related components as set forth in the State of Illinois Notice of Adopted Amendments, Section 1410.200, pertaining to the Home Inspector License Act [225 ILCS  441 et. seq.]: the exterior, the roof system, the structural system/foundation, the plumbing system, the electrical system, the heating system, cooling system, the Interior, the insulation and ventilation, fireplaces and solid fuel burning appliances and the chimneys. Limitations and exclusions of these systems and/or components from this report are listed in paragraphs two and five. When only units within a building (condos) or only sections of a building (such as town homes) are inspected, only those visible and readily accessible systems and components that exist within that unit of the building will be inspected. 5.        Exclusions.  The following are excluded from this inspection and report: fuel storage equipment, lawn sprinkler systems, fire sprinkler systems, attached exterior barbecue equipment and fuel lines, fountains, ponds, exterior fire pits and fireplaces, exterior lights on photo or movement sensors, low voltage systems, low voltage interior and/or exterior lighting, door bells, exterior insulated finishing systems (EIFS), mold and mold sampling, air quality testing, radon, the presence of lead, asbestos, toxic or flammable materials, other environmental hazards; electro-magnetic fields, pest or vermin infestation; underground utilities, personal property; fencing and playground equipment; detached buildings; alarm systems, security and fire protection systems; household appliances, kitchen and laundry appliances (if listed in the report, then tested for proper functioning only), any decorative items including, paint, wallpaper, window treatments, floor coverings, wall coverings, interior doors and hardware; recreational equipment or facilities; above or below grade pools, elevators and dumb waiters, underground storage tanks, energy efficiency measurements; concealed or private secured systems; water wells; septic systems and associated equipment, radiant heating systems, heating systems accessories; solar heating, cooling and energy collection systems; air ventilation systems (HRV’s, ERV’s, HERV’s); sprinkler systems; water softener; central vacuum systems, telephone, intercom or cable TV systems; antennae, satellite dishes, lightening arrestors, and trees or plants. Product recall information is also excluded from the report but may be available at the Consumer Product Safety Commission website. 6.        Concealed Items or Components. Because the inspection is visual, concealed items or components may remain undetected during the inspection. Client agrees to assume the risk for system or component conditions that are: concealed from view, inaccessible to Inspector at the time of the inspection, unsafe, and/or substantially deficient at the time of the inspection. Any system or component that is not exposed is concealed, or is inaccessible because of, but not limited to: soil, vegetation, water, ice, snow, components of construction; furnishing and personal effects. 7.        Liability. The Inspector and its employees and agents assume no liability or responsibility for the costs of repairing or replacing any unreported defects or deficiencies either current or arising in the future or any property damage, consequential damage or personal injury of any nature. In the event of a claim by the Client that an installed system or component of the Property that was inspected by Inspector was not in the condition reported by the Inspector, Client agrees to notify Inspector at least three business days prior to repairing or replacing such system or component.  If the repair or replacement is done without giving the Inspector the required notice, the Inspector shall have no liability to the Client. 8.        Dispute Resolution. In the event of a dispute, the parties agree to binding arbitration in accordance with the rules of the American Arbitration Association. Disputes settled or awards entered in favor of Inspector shall include payment of any re-inspection fees, attorney’s fees, arbitrator’s fees legal expenses and costs incurred by Inspector in defense of the claim. Such liability limitation is binding on Client and Client’s spouses, heirs, principals, assigns and anyone else who may claim through Client. Any legal action against Inspector must be brought within eighteen months from the date of the inspection or be forever barred. 9.        Warranties.   The parties hereto agree Inspector is not an insurer or guarantor against defects in the structure, items, components or systems inspected. INSPECTOR MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE FITNESS FOR USE, CONDITION, PERFORMANCE, LIFE EXPECTANCY OR ADEQUACY OF ANY INSPECTED STRUCTURE, ITEM, COMPONENT OR SYSTEM 10.        Governing Law. The terms and provisions of this Inspection Agreement shall be governed by the laws of the State of Illinois. 11.        Entire Agreement. This Agreement constitutes the complete and exclusive statement of agreement between the parties with respect to the subject matter herein and shall replace and supercede all prior written and oral agreements or statements. This Agreement may only be modified by a writing signed by the parties. 12.         Report Correction. Inspector is authorized to correct inadvertent clerical errors and omissions in the report within 48 hours of submission to Client. 13.         Condominium Inspection. This condominium inspection is a partial inspection and is performed on only those components that the buyer or homeowner is responsible for. It does not include the exterior components of the property, crawlspace or attic and all of the components contained therein as this is usually owned by the association and is not owned by the buyer or home owner. It is up to the buyer to determine if any of these excluded areas are in fact the buyers responsibility and if so, to notify the inspector so these areas will be inspected. Please note a different charge will apply should the buyer want these areas inspected. It also is not possible in some cases to inspect attic areas where a duplex unit exist and the buyer is purchasing the lower unit, or vice versa. Our company makes no representation as to the condition of these areas that were not inspected. 14.        Client gives inspector permission to share written report and information pertaining to the written inspection report with the following:       a.  Lawyer:                                                                                                          b.  Realtor:                                                                                                          c.  Other(s):                                                                                                   _____________________                                 By:______________________      Client                                                                        Home Savers                                                                            Home Inspection Services llc.                                                                                  Hans T. Ziegenbein                                                                                      (773)383-5433                                                                             IL. License #050.0002189