Real estate glossary

As-is sale

Also called: Sold as is, As-is condition

A sale where the home is sold in its current condition and the seller does not promise to make repairs — but still has to disclose what they know.

Selling "as is" means you are not agreeing to fix things before closing. The buyer takes the home in its present condition.

It does not mean you can stay quiet about problems. In California and many other states, sellers still have to disclose known material facts about the property, and buyers usually still get to inspect and may cancel within their contingency period.

The standard California purchase agreement already sells the property in its present physical condition unless the parties agree otherwise; repairs only become your responsibility if you agree to them.

What it means for you as a seller

As-is can reduce repair negotiations, but full and honest disclosure is still required — it is your best protection against disputes later.

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Not legal or tax advice. These explanations are general information to help you follow your own transaction. Laws, forms and customs vary by state and county, and the terms of your own contract always control. For advice about your situation, talk to your real estate agent, a real estate attorney or a tax professional. Last updated .