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In New Jersey, the elements of a valid contract are: ? An offer (see Offer). An acceptance (see Acceptance). Consideration (see Consideration). Mutual assent and intent to be bound (see Mutual Assent and Intent to be Bound).

Deciding to sell your home without an agent in New Jersey means you won't have to pay the average New Jersey listing commission of 2.63%. This works out to $12,950 on a typical New Jersey home. However, selling your home on your own, also known as selling for sale by owner (FSBO), can be an overwhelming task.

Yes, you can sell your house in New Jersey as is. And it's easier than you think. As per the New Jersey Residential Purchase and Sale Agreement, the contract by default stands as is.

"As is" language in a realty sales contract does not shield a seller or his agent from liability for affirmative or, as in this case, negative fraud. "Generally speaking, such a provision means that the buyer takes the property in the condition visible to or observable by him. [Citation.]

First, it must include a valid home purchase agreement in writing. Second, the contract must contain an offer from the buyer and an acceptance from the seller. Third, the purpose of the contract must be legal. Finally, it must include an exchange of things that have value, like money for property.

What is An As-Is Clause? An 'As-Is' clause is a type of contact clause used in a real estate agreement. It's effectively a disclaimer that tells the buyer they are purchasing a real estate property under their own judgment, and not based on the representation or statement of the seller.