I 
112TH CONGRESS 
1ST SESSION H. R. 2191 
To require that any home inspection conducted in connection with a purchase 
of residential real property that involves a federally related mortgage 
loan be conducted by a State-licensed or State-certified home inspector 
to determine the existence of structural, mechanical, and electrical safety 
defects, and to require inclusion in the standard settlement statement 
of information regarding any home inspection conducted in connection 
with settlement. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 15, 2011 
Mr. CLAY (for himself, Mr. LYNCH, Mr. CONNOLLY of Virginia, Mr. DAVIS 
of Illinois, Mr. BRALEY of Iowa, Mr. CLARKE of Michigan, Ms. JACKSON 
LEE of Texas, Mr. THOMPSON of Mississippi, Mr. RICHMOND, Mr. CAR-
SON of Indiana, Ms. BASS of California, Mr. PAYNE, Mr. FATTAH, Mr. 
RUSH, Mr. HASTINGS of Florida, Mr. CLEAVER, Mr. BUTTERFIELD, Ms. 
LEE of California, and Ms. WILSON of Florida) introduced the following 
bill; which was referred to the Committee on Financial Services 
A BILL 
To require that any home inspection conducted in connection 
with a purchase of residential real property that involves 
a federally related mortgage loan be conducted by a 
State-licensed or State-certified home inspector to deter-
mine the existence of structural, mechanical, and elec-
trical safety defects, and to require inclusion in the 
standard settlement statement of information regarding 
any home inspection conducted in connection with settle-
ment. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Home Inspection Act 
of 2011’’. 
SEC. 2. HOME INSPECTION REQUIREMENT. 
(a) REQUIREMENT.—The Bureau of Consumer Fi-
nancial Protection of the Federal Reserve System, shall 
prescribe regulations to prohibit any lender from making 
any federally related mortgage loan (as such term is de-
fined in section 3 of the Real Estate Settlement Proce-
dures Act of 1974 (12 U.S.C. 2602)) under which a home 
inspection is conducted in connection with settlement of 
the mortgage loan unless such inspection is conducted by 
a home inspector who is licensed, certified, approved, or 
otherwise regulated by the home State of the inspector or 
the State in which the real property is located. 
(b) ENFORCEMENT.—Compliance with the require-
ments imposed pursuant to subsection (a) of this section 
shall be enforced in the same manner as provided under 
section 108 of the Truth in Lending Act (15 U.S.C. 1607) 
for enforcement of the requirements under such Act. 
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SEC. 3. INCLUSION OF HOME INSPECTION INFORMATION IN 
SETTLEMENT FORM. 
Effective on the designated transfer date under sec-
tion 1062 of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (Public Law 111–203; 124 Stat. 
2039), subsection (a) of section 4 of the Real Estate Set-
tlement Procedures Act of 1974 (12 U.S.C. 2603(a)), as 
amended by section 1098(2) of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (124 Stat. 
2103), is further amended— 
(1) by inserting ‘‘(1)’’ after ‘‘(a)’’; and 
(2) by adding at the end the following new 
paragraph: 
‘‘(2) The Bureau shall include in the forms an item 
for identifying any home inspection conducted in connec-
tion with the settlement, when such inspection was or is 
to be completed, the cost of the inspection, whether the 
charge for such inspection is imposed on the borrower or 
the seller, and whether such charge has been paid before 
settlement and a copy of the receipt of payment for the 
inspection is included with the settlement documents. 
Such item shall be included in the forms at the place 
where items relating to additional settlement charges 
(such as pest inspection charges) are located.’’. 
Æ 
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