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AS IS Residential Contract For Sale And Purchase THIS FORM HAS BEEN APPROVED BY THE FLORIDA REALTORS AND THE FLORIDA BAR 1 * 3 4 5 6 7* 8* 9* PARTIES: and agree that Seller shall sell and Buyer shall
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hi this is John's Rosin and with Jeff green here, and we're going to show you guys how to fill out and as is residential contract for purchase or sale Jeff green how you're doing I'm doing great I'm down here in sunny South Florida life is good perfect uh something you tell these people how to fill out the barn of our daughter all right well you've got hot spots I call them there's just certain areas of the contract other areas were put together by the Florida Bar their attorneys for the state of Florida, and they put this together and if it's good enough for them yeah, so it's an ad says we always use it as is and the reason is that we don't want to warranty the properties we do a great job in renovations or whatever but if it's something we're selling everything's as is most of the things we buy from the bank is as is also, so you really got to be careful every once in a while somebody will sneak one in it's not, and then you're responsible for repairs up to 12 percent the purchase parts so what we have here is owner of record banks don't like that they want the actual description, but it works in most places you can always do an addendum to add whoever's name or change it or wherever so here's a property that we've been looking at, and it's going to fade five bolts away and here is where we get all the information to put onto the contract there we go all right, so owner of record would go here we've always bought everything in a Land Trust that way it's a sign of all asset protection estate planning Land Trust is a great vehicle to buy and sell properties it gives you some anonymity, and it takes a lot of risk away that's so easy it's such a great vehicle, so you can hold property so here we have the street address you know pretty simple 101 eighty-five blocks away plumage Gardens Palm Beach County here's a parcel quick phone number I never put the legal myself that's a title company or attorney thing we'll let them put that the parcel got the address we're good to go it isn't as his contract, but it can make an offer to the bank you want them to see and even you know regular Stellar's in the property want them to see right here and here that you're very serious it does is just the way it is now linked it down here to the purchase price and on this particular one 282 initial deposits made payable and delivered escrow agent and a thousand dollars we're going to buy the property we want to make a good offer we want them to another four series we can put a thousand there but go right ahead we'll go ahead and get the property ourselves because we're putting up a bigger deposit, and you look at that but if you look right here made within three days, so we can put zero inspection period on the contract we still have three days before we ever put the deposit up by then we'll have plenty of time to go inspect it to look at the code enforcement with it whatever when we to do expired permits to make sure that what we're buying it's going to be a great...
What is as is residential contract?
Such contracts are often termed “as is” contracts by which the buyer accepts the property in its current condition, “as is” without warranty by the seller as to any particular conditions. ...