Mike,   Your post caught my interest and for those reading this the one like is part of this section

(B) No vendor shall enter into a land installment contract for real estate that contains a residential structure unless that vendor obtains and attaches to the contract, both of the following:

(1) A copy of a written appraisal report of the real property and the residential structure, conducted within the previous year by an appraiser who is certified as a residential real estate appraiser pursuant to Chapter 4763. of the Revised Code;

(2) A copy of an inspection of the residential structure conducted by a home inspector who is a member of the American society of home inspectors.

It appears this was introduced 4/23/09 and assigned to Civil & Commercial Law Committee.  I would suspect that the "American Society of Home Inspectors" lobbied for the second requirement.  I am personally against this as written.   Any realtor that reads this may want to object to this because if this is enacted for "Land Contracts" will you see this on any residential property sale that involves financing.  With respect to the line that Mike highlighed I would think that just an encouragement to have a independent home inspection similar to what is done on as part of a standard Real Estate purchase agreement should work.   With respect to (1) this likely is intended to match the requirement that buyers recieve a copy of the appraisal when obtaining a mortgage loan.  

Just my .02.