One of my agents asked me about the “special assessments” section in the Florida As-Is contract the other day, and I had to laugh—I’ve done thousands of deals, but I still had to look it up. When you live in the investor world, retail-style contracts can feel like a foreign language.
That question (lines 194–196) reminded me how critical those tiny check marks really are. Here’s what it says in plain English:
(a) Seller pays what’s due before closing; buyer pays after.
(b) Seller pays it all before closing.
As a buyer, you almost always want (b). It keeps things clean, avoids hidden city debts, and makes sure the property’s free and clear.
While we’re at it, here are five spots every investor should slow down and check before signing any Florida As-Is contract:
Inspection Period – That’s your safety net. You can cancel for any reason during it and keep your deposit. Use this time to check everything—permits, liens, ARV, rehab costs.
Assignability – If you’re wholesaling or doing creative deals, make sure it says “assignable without seller consent.”
Title Section – Ask for a lien search early. Florida properties love to hide old fines and open permits.
Closing Date – “On or before” means they can close early. If you need time, write a firm date.
Special Assessments (lines 194–196) – Always pick (b). Trust me, you don’t want to inherit someone’s sewer bill.
Even after 20 years in this game, I still double-check the basics. These little boxes can cost or save you thousands.
Keep it consistent, stay patient, stay true—if I did it, so can you. This is Jorge Vazquez, CEO of Graystone Investment Group and Coach at Property Profit Academy.
If you’d like to connect directly with me, feel free to book a time here: https://graystoneig.com/ceo.
👉 Read the full 2000-word version here: https://graystoneig.com/articles/florida-as-is-contract-investor-guide
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