Defects Level 2 Report

DEFECTS LEVEL 2 REPORT

Parties and Identifiers

Client Name:

Inspector/Consultant Name:

Project Reference:

Project Address:

Report Date:

Recitals

WHEREAS, Client Name: engaged Inspector/Consultant to perform a Level 2 defects assessment of the referenced Project Address for the purpose of identifying defects, assessing severity, and recommending remedial actions; and

WHEREAS, Inspector/Consultant has conducted site observations, testing where applicable, document review, and consultation with relevant personnel on Report Date: and has prepared this Defects Level 2 Report containing findings, conclusions and recommended remedial measures; and

WHEREAS, this report is prepared pursuant to the Scope of Work and Payment Terms agreed between the parties below and does not constitute a warranty or guarantee of remaining service life unless expressly stated in a separate written agreement.

Executive Summary

Scope of Work

Observations and Defect Inventory

Defect Item 1

Item ID:    Location:

Severity: Low Medium High Critical

Estimated Cost:    Responsible Party:

Defect Item 2

Item ID:    Location:

Severity: Low Medium High Critical

Estimated Cost:    Responsible Party:

Defect Item 3

Item ID:    Location:

Severity: Low Medium High Critical

Estimated Cost:    Responsible Party:

Payment Terms

Term and Termination

Effective Start Date:    Anticipated Completion Date:

Either party may terminate this engagement for convenience upon written notice to the other party not less than days prior to the intended termination date. Termination for cause may be immediate if material breach is not cured within the cure period specified in writing.

Confidentiality

Each party shall maintain the confidentiality of non-public information disclosed by the other party in connection with this engagement and shall not disclose such information to third parties except (a) to advisors who need to know and are bound by confidentiality obligations, (b) as required by law or regulation, or (c) with the disclosing party's prior written consent. Confidential information does not include information that is or becomes public through no fault of the receiving party or that was rightfully known prior to disclosure.

Confidentiality Period:

Limitations of Liability and Warranty

Inspector/Consultant will perform services consistent with customary professional practices for the scope described. Except as expressly set forth in a separate written warranty agreement, Inspector/Consultant disclaims all warranties, express or implied, including any warranty of merchantability or fitness for a particular purpose. Client agrees that, to the maximum extent permitted by law, Inspector/Consultant's aggregate liability for any claim arising from the services or this report shall not exceed the fees paid for the services giving rise to the claim.

Governing Law

This report and any dispute arising from it shall be governed by and construed in accordance with the laws of: , without regard to conflict of laws principles.

Entire Agreement

This report, together with any written engagement letter and attachments expressly referenced herein, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior discussions and agreements, whether written or oral. Any modification must be in writing and signed by authorized representatives of both parties.

Attachments and Supporting Documentation

The following documents are attached or form part of this report (check applicable): Photographs Site sketches Test reports Contract documents

Certification

I certify that the observations and recommendations contained in this Defects Level 2 Report are true and accurate to the best of my knowledge, based on the scope of work performed and the information available at the time of inspection. This certification does not imply inspection of concealed elements not accessible without destructive testing unless expressly noted.

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