Home Selling in 01463>Question Details

P, Both Buyer and Seller in 01810

"AS IS" on Standard P&S from Massachusetts

Asked by P, 01810 Sun Apr 19, 2009

Is it recommended to add "as is" to the building description on a standard P&S (Massachusetts) or is it not necessary given that the buyer has conducted an inspection?

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"As is" can also be a tag line for lender owned properties, as they want no responsibility for the condition of the property, not unexpected as they would have never lived in the property. I suppose putting it in the body of the P&S would not hurt, of course consult an Attorney when the time comes. Thanks Deb
0 votes Thank Flag Link Wed May 5, 2010
Hello as far as " As is " it is usually used when buyer and seller agree that no other condition such as home inspection or the like will be a reason to terminate the contract. . Always consult a lawyer when in doubt. I hope this helps
Mark
Web Reference: http://www.SOLDNEW.com
0 votes Thank Flag Link Mon Apr 20, 2009
That's a contract term which has specific legal meanings. You should have an attorney assist you or advise you with your specific situation in mind. Real estate agents in Massachusetts cannot give legal opinions unless they are also an attorney.

Hope that helps,
Web Reference: http://www.MedfordHouse.com
0 votes Thank Flag Link Sun Apr 19, 2009
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