Selling a property as-is means no warranties are made about what aspect of the property?

Selling a property as-is indicates that the seller is transferring ownership without making any guarantees regarding the property’s condition, habitability, or potential use. This means that the buyer accepts the property in its current state, assuming all risks associated with any defects or issues.

When a property is sold as-is, the seller typically does not provide any disclosures about the property's physical state, meaning that buyers should conduct thorough inspections before purchasing. This approach also indicates that the seller will not engage in repairs or make any improvements prior to the sale, fostering a clear understanding that the buyer will have to take responsibility for any necessary changes or renovations after the transaction.

This approach to selling property has implications for buyers, especially regarding the habitability of the property; they must ensure the property meets local code requirements for living conditions and that it suits their intended use, as the seller has made no guarantees on these factors.