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- A "sold as is" agreement means that the buyer is purchasing an item or property in its present condition, with all faults, visible or not12. No warranty or guarantee is made by the seller1. After the transaction is complete and the bill of sale is signed, ownership and title will transfer to the buyer1.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
An as-is bill of sale means the buyer is purchasing an item in its present condition with all faults, visible or not. No warranty or guarantee is made by the seller. After the transaction is complete and the bill of sale is signed, ownership and title will transfer to the buyer.
eforms.com/bill-of-sale/as-is/Technically, when a real estate agent lists a house to sell as is, it means the homeowner is selling the home in its current condition, and will make no repairs or improvements before the sale (or negotiate with the buyer for any credits to fund these fix-its).
www.realtor.com/advice/buy/what-does-as-is-mean/ - People also ask
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WEBUpdated on April 8, 2024. Key Takeaways – As Is Clause. Definition of “As-Is”: In real estate, the term “as-is” indicates that the seller makes no warranties or representations about the property’s condition. The buyer …
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WEBAug 21, 2023 · Step 1: How to list a home ‘as is’. When listing your home, you should make it clear in the description that it’s for sale “as is.” This not only serves as a beacon for bargain hunters, but...
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WEBAn As-Is Bill of Sale, also known as the No Warranty Bill of Sale, is a form that a seller uses to document the purchase of an item in its current condition. The term “As-Is” means that the buyer has agreed to …
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