WebSep 19, 2014 · The "where-is" part simply means it is the buyer's responsibility to get the item from the location where it is at ... "As-is-where-is" is a common terminology for used items and items sold at ... WebProperty sold as is meaning according to the property sold as is clause in a sales contract; the seller offers no guarantees or claims concerning the condition of a property being sold. When a seller fails to disclose a significant flaw in the property to the buyer, the seller is shielded from liability. The buyer of real estate who includes an ...
What Does It Mean To Sell Your Property As-Is? - Cates Auction
WebAs Is definition: In the condition it presently exists or as found on inspection immediately prior to purchase, even if damaged or defective, without modification and without any express or implied warranties. When referring to a sale of goods that were sold as is, based on an inspection of a sample, the goods delivered must be of the same type and quality or … WebThe buyer is bound to accept the goods as they are and assumes the risk that they may fail to meet expectations, or may have defects. In an “as is” transaction, the buyer is typically given the right to inspect the goods before deciding whether to purchase them. If the buyer accepts the goods after inspection (or chooses not to inspect them ... irainy five-piece grinder
AS IS WHERE IS (BUYER TO ACCEPT) - bytherules
WebMar 4, 2024 · The term “as-is” comes from the law of warranty and is used to mean that the seller of an item has no liability for any defects it may have. The buyer who takes an item “as is” accepts the item in the condition it is in, even if it is defective, and the seller is released from all liability. This term signifies that the seller makes no ... WebFrom Longman Business Dictionary as ˌis, where ˈis adjective, adverb if something is being sold as is, where is, it is being sold in its present condition and place, even though this may not be very good All items are sold on an as is, where is basis. WebProperty Sold and Accepted “As Is, Where Is” – No Objections by Buyer: This property is sold by the Seller and accepted by the Buyer on an “As Is, Where Is” basis. The buyer has relied … iraipai meaning in english