HOME INSPECTION ADVISORY COMMITTEE LAW
NEW JERSEY STATUTES ANNOTATED (N.J.S.A.) – TITLE 45 CHAPTER 8 SECTION 76
45:8-76 Requirement of error and omissions policy.
16. a. Every licensed home inspector who is engaged in home inspection shall secure, maintain and file with the board proof of a certificate of an error and omissions policy, which shall be in a minimum amount of $500,000 per occurrence.
b. Every proof of an errors and omissions policy required to be filed with the board shall provide that cancellation or nonrenewal of the policy shall not be effective unless and until at least 10 days’ notice of intention to cancel or nonrenew has been received in writing by the board.
L.1997,c.323,s.16; amended 2005, c.201, s.5.
Legal Disclaimer:
This section references New Jersey Statutory Law – N.J.S.A. Title 45 Chapter 8 Section 61 to 83, part of P.L. 1997, c.323, which establishes the Home Inspection Advisory Committee. This is a legislative statute enacted by the New Jersey Legislature — not part of the New Jersey Administrative Code. For the most accurate and up-to-date legal information, users are encouraged to consult the official New Jersey Legislature website at www.njleg.state.nj.us or other official government resources.