Legal Question in Real Estate Law in Virginia
If purchase contract has an " as is where is " statement and the home has liens, judgments or lis pendens against it, who pays them?
Asked on 1/02/16, 12:30 pm
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
As is, where is generally refers to the physical condition of the property. Unless otherwise provided in the contract, the property has to be conveyed free and clear of liens and with good title.
Answered on 1/03/16, 4:41 am