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The AS-IS Contract – How to Lose Over $1 Million

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In a Florida Appellate Case the Buyer was hit with $850,000 in attorney fees and loss of its $285,000 deposit. How? Because the Buyer acting as their own legal advisor, did not understand the strict compliance of the AS-IS clause in a Florida As Is Residential Contract for Sale and Purchase (20...

07/06/2020

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Richard Zaretsky

Florida Real Estate Attorney

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Legal true life experiences, general observations and commentaries for Realtors, Lawyers and Mortgage Brokers - also see our Palm Beach County Short Sales group blog. var _clustrmaps = {'url' : 'http://activerain.com/rpzaretsky', 'user' : 949532, 'server' : '3', 'id' : 'clustrmaps-widget', 'version' : 1, 'date' : '2011-11-03', 'lang' : 'en', 'corners' : 'square' };(function (){ var s = document.createElement('script'); s.type = 'text/javascript'; s.async = true; s.src = 'http://www3.clustrmaps.com/counter/map.js'; var x = document.getElementsByTagName('script')[0]; x.parentNode.insertBefore(s, x);})();