# Termite bond

A term used when buying pest control.

A renewable retreatment or repair warranty on a structure, sold with an annual renewal fee.

Renewals are the best revenue in pest control and the liability is the reason. A repair bond obligates the company to fix damage found later, on houses treated years ago by an owner who has taken the money and left. Ask which bonds are retreat-only and which include repair, how many are in force, whether any claim has been paid in the last three years, and what the inspection graphs behind them actually show.

Part of: Buying a Pest Control Business (https://searchspheresource.com/guides/buying-a-pest-control-business)

Source: https://searchspheresource.com/guides/buying-a-pest-control-business/terms/termite-bond
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt