Does an “As-Is” clause in a real estate purchase agreement bar claims against the seller of my home for defects that I discover after I move in?
An “As-Is” clause in a real estate purchase agreement can limit the remedies available to a buyer if defects are discovered after the sale. However, the specific terms of the “As-Is” clause, as well as the laws of the state in which the property is located, will determine the extent to which the seller can be held responsible for defects that are discovered after the sale. In some states, an “As-Is” clause will not completely bar claims against the seller for defects that were not disclosed before the sale. It is important to carefully review the “As-Is” clause and any other provisions of the purchase agreement, and to consult with a qualified attorney if you have questions about your rights and responsibilities as a buyer.