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Exam term

As-is sale

A sale in which the buyer accepts the property in its present condition, without seller repairs. It does not remove the seller's required disclosures, such as a state's property condition disclosure form.

Lessons that use this term

  • The Real Estate Transfer Disclosure Statement California
  • The Property Condition Disclosure Act and the uncapped natural gas well disclosure New York

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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