Legal Question in Business Law in New York

Re: As is sale

In an "as is" sale, the seller must disclose EVERYTHING s/he knows about the condition of the goods and EVERYTHING s/he does not know about the condition of the goods.

Provided that every defect, known and unknown, is disclosed, the seller is not likely to be liable. However, even with complete disclosure of known problems, seller may still be liable for undiscovered problems that existed at the time of sale that s/he failed to disclose.

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