The Pre-Listing Inspection (PLI)
It's not just a home inspection. It's the mandatory code compliance check required to sell your unit.
The Pre-Listing Inspection (PLI) identifies repairs that the seller is responsible for completing before the sale closes. Unlike a buyer's inspection, which looks for general issues, the PLI is conducted by the Mutual to ensure the unit meets strict community standards.
How the Process Works
1. Ordering the Inspection
Once your NOI is approved, Escrow sends the request to the GRF Physical Property Escrow clerk. At this time, we must provide keys for all unit doors, patio, and carport storage units.
2. The Inspection Report
The inspector will walk through the unit to identify, repairs needed, code violations or unpermitted work. When completed, the report is sent to Escrow for your signature. The requirements differ from Mutual to Mutual.
3. Completing Repairs
You must complete all listed repairs by 10 business days prior to the close of escrow. A final inspection will be conducted at that time to verify the work is done.
If the required work has not been completed by the seller 10 days before closing, the seller can no longer do any repairs.
At that point, the Mutual inspector writes work orders to have the work completed by their own crews. The cost will be deducted directly from your Repair Deposit (RD).
*The remaining balance of your deposit is refunded to you generally within 45 to 60 days after the close of escrow.
Strict Selling Restrictions
Please remember: The Realtor's lockbox and "For Sale" sign may NOT be installed until the PLI is officially completed. Showings and are also prohibited until this step is done.