medium · National Real Estate Exam disclosures
If a seller uses an 'as-is' clause to avoid filling out a state-mandated property disclosure form, the seller is generally:
- Relieved of all liability for any defects found after the sale.
- Acting legally because 'as-is' and 'disclosure' are mutually exclusive concepts.
- Only required to provide the form if the buyer is using FHA financing.
- Still required by law to provide the disclosure form in most jurisdictions.
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