198B.712 License required -- Qualifications -- Application -- Insurance -- Fee. - Kentucky Statutes

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Page 1 of 1 198B.712 License required -- Qualifications -- Application -- Insurance -- Fee. (1) An individual shall not advertise or claim to be a licensed home inspector and shall not conduct a home inspection for compensation without first obtaining a license as
a home inspector. (2) An individual shall not advertise as, claim to be, or operate as a home inspection business unless an owner or employee of that business is a licensed home inspector. (3) The board shall deny a license to any applicant who fails to: (a) Furnish evidence satisfactory to the board, showing that the individual: 1. Is at least eighteen (18) years of age; 2. Has graduated from high school or earned a Kentucky or other state's
general educational development (GED) diploma; and 3. Meets other criteria established by the board; (b) Verify the information submitted on the application form;
(c) Complete a board-approved training program or course of study involving the performance of home inspections, and pass an examination prescribed or
approved by the board; (d) Submit to the board a certificate of insurance that is acceptable to the board and that:
1. Is issued by an insurance company or other legal entity authorized to
transact insurance business in Kentucky; 2. Provides for general liability coverage of at least two hundred fifty
thousand dollars ($250,000); 3. Lists the Kentucky Board of Home Inspectors as a certificate holder of
any insurance policy issued under this paragraph; 4. States that cancellation and nonrenewal of the underlying policy is not
effective until the board receives at least ten (10) days' prior written
notice of the cancellation or nonrenewal; and 5. Contains any other terms and conditions established by the board; or (e) Pay a licensing fee established in KRS 198B.706. (4) An individual applying for a license as a home inspector shall apply on a written or electronic form prescribed and provided by the board. Effective: July 15, 2008
History: Amended 2008 Ky. Acts ch. 100, sec. 5, effective July 15, 2008. -- Amended 2005 Ky. Acts ch. 182, sec. 5, effective June 20, 2005. -- Created 2004 Ky. Acts
ch. 109, sec. 7, effective July 13, 2004.