Glossary |
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| E |
| There are 5 entries in the glossary. |
| Pages: 1 |
| E & O Insurance | Also known as Professional Liability Insurance. Protects your business from claims caused by charges of professional negligence or failure to perform your professional duties. |
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| Environmental Inspection | Inspection of items listed on the work order request presenting a potential environmental concern at the property. Public Records search and visits to the subject property are made to obtain the requested information. Contact with the occupants of the property usually occurs only if unable to obtain the information visually or through the public records for the property. |
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| Estimated Market Value | An estimation of value. Non-licensed inspectors can often perform these inspections. |
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| Eviction | Discharging occupants and their personal property from a property guided by local and/or state laws. Must be performed according to the regulatory specifications for the loan type, unless otherwise instructed by the local law enforcement official on site, or local or state statute. |
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| Exterior Debris | Anything on the outside of residence. Exterior debris removal is bid by the cubic yard. A cubic yard is about the size of a washing machine.
The following items are considered exterior debris but they are not bid by cubic yard. They are bid separately.
# Any type of internal combustion engine - bid to haul off
# Swingsets and basketball goals - bid to dismantle and haul off
# Tires - bid for disposal
# Chemicals - bid as health hazards.
# Burn piles - bid by size
# Automobiles, Motorcycles, Lawn Mowers - bid to tow or haul off
# Dog houses or pens - bid to dismantle and remove |
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