Get Multi-board Residential Real Estate Contract 7.0

In Florida, real estate sold 'as is' means it's sold in the current condition. If the buyer inspects the property and notices a huge problem or the seller informs them of a potential problem, then the seller need not worry. The seller will not need to make repairs, regardless of their severity.

In Florida, real estate sold 'as is' means it's sold in the current condition. If the buyer inspects the property and notices a huge problem or the seller informs them of a potential problem, then the seller need not worry. The seller will not need to make repairs, regardless of their severity.

A purchase agreement is the most common type of real estate agreement. This contract specifies the details regarding the sale of property. It will include the address of the property, the price, names of both parties, signatures of both parties, and the closing date.

Non-assignable agreement means any contract that is assigned to Buyer under this Agreement, but in respect of which an assignment or attempted assignment would constitute a violation of applicable law or in violation of applicable law.

Under Florida law, contracts involving goods priced at $500 or more, promises to pay the debts of another, promises made in consideration of marriage, and promises that cannot be fulfilled within one year must be written to be valid.

Two are Florida Realtors/Florida Bar contracts(FR/Bar), the standard Residential Contract for Sale and Purchase and the “AS IS” version, and one is the Florida Realtors Contract for Residential Sale and Purchase (CRSP).

An assignable contract is a provision allowing the holder of a contract to transfer or give away the obligations and rights of the contract to another party or person before the contract's expiration date.

Under the Standard Contract, the seller has repair requirements that are set-forth in Section 9 of the Contract, while under the As-Is Contract, the seller is only responsible for maintaining the property in the same condition that it was in as of the effective date of the Contract.