header bg

Scan QR code or get instant email to install app


When a purchase agreement states the property is being sold “as is,” it ____

A still requires the buyer to receive a Transfer Disclosure Statement (TDS) noting any material facts which affect the property’s value.

“As is” is a nebulous and frequently misunderstood statement in real estate practice. A Transfer Disclosure Statement (TDS) containing property information including known or suspected property defects affecting value is required to be delivered to a prospective buyer on the sale of a one-to-four unit residential property as soon as practicable on the commencement of negotiations.

Related Information


Leave a Reply

Your email address will not be published. Required fields are marked *