Rental property causes cancer/diseases

[Dave Chow]

Hi BP members,

We are buying a house. In inspection report, there was one sentence claims:

Plywood (T1-11) Stone Veneer, Fiber Cement Shingles The siding materials on the South. side of the house may contain asbestos.

Determining the presence of asbestos can ONLY be preformed by laboratory testing and is beyond the scope of this inspection. Usually if

left alone, this material poses no immediate danger.

According to some online resources, it might cause dome diseases and even cancer:

https://www.maacenter.org/asbestos/

My realtor said it the inspector just would not want hold liabilities by claiming it on the report. So mostly it would be fine. But once its purchased, this liability would become the landlord's. But testing asbestos would cost about $1500 paid by buyers. 

Has anyone handled with possible issues like this? Also wonder would a general rental insurance would cove this kind of liability. Suggestions are really appreciated.