Legal Question in Real Estate Law in Florida
''as is''
Can you please define the meaning of ''as is'' in the purchase of a residential house. Are liens and clouds on the title cleared before purchase? Any info is appreciated. Thank you, Karen
Asked on 7/02/03, 2:43 pm
2 Answers from Attorneys
David Slater
David P. Slater, Esq.
Re: ''as is''
"As is" means the seller will not pay for any repairs. It has nothing to do with clouds on title.
Answered on 7/02/03, 2:57 pm
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: ''as is''
"As is" usualy refers to the physical condition of the premises. To receive good and marketable title the other items you mentioned need be cleared at or before closing.
Answered on 7/02/03, 2:57 pm