homes for sale in elk grove: What should a buyer expect when a property is sold "As-Is" in Sacramento? - 02/04/12 02:59 AM
What should a buyer expect when a property is sold "As-Is" in Sacramento?
The technical meaning of as-is in California is in reference to 'no warranty' from the seller after close of escrow.  
In fact, the California Residential Purchase Agreement (RPA) is incorproated into all contracts by default...
9. CONDITION OF PROPERTY: Unless otherwise agreed: (i) the Property is sold (a) in its PRESENT physical ("as-is") condition as of the date of
Acceptance and (b) subject to Buyer’s Investigation rights; (ii) the Property, including pool, spa, landscaping and grounds, is to be maintained in
substantially the same condition as on … (2 comments)