What is the 'As is, where is' clause in a purchase agreement?

The "As is, where is" clause means you buy the property in its current condition. This also means the seller is in no way liable for any defects that may come to light after the transfer. Similar clauses already exist, such as the age clause, which excludes defects due to age. The "As is, where is" clause goes further. It makes you, the buyer, responsible for all defects, both visible and potentially hidden. This clause has no legal definition and therefore carries additional risk for the buyer. Sellers can fully protect themselves with this clause.

The risk of unexpected problems for the buyer is very high when an "as is, where is" clause is included in the purchase contract. All responsibility lies with the buyer. This means you could be faced with unexpectedly high costs. This can be prevented by having us conduct a building inspection beforehand. We provide clarity, so you know exactly what you're buying and the potential risks you're taking. You can schedule an appointment with us directly online. Would you like to know more first? Feel free to contact us.