29 Apr 2006 04:44 am
Sellers still must disclose defects in ‘as-is’ house
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Most states, including Florida, have laws requiring home sellers to disclose known defects of the residence in writing. Making an ‘’as-is'’ home sale is not a method to avoid liability for undisclosed defects of which you are aware. If you sell to those professional buyers at a price heavily discounted from market value, you should insist on a written waiver in the sales contract that you have disclosed all known defects, and the buyer has investigated and will not hold you liable for any hidden defects that might become evident later.
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