As Is Residential Contract for Sale and Purchase Florida 2017 Fillable

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As a potential home buyer or seller in Florida, it`s important to understand the legalities and requirements of the residential contract for sale and purchase. In 2017, a new fillable version of the contract was released, providing an updated and streamlined process for real estate transactions.

The “as is” residential contract for sale and purchase is a commonly used legal document in Florida real estate transactions. This contract outlines the terms and conditions of the sale, including the purchase price, closing date, and any contingencies or conditions that must be met before the sale can be finalized.

One of the most important aspects of this contract is the “as is” clause, which essentially means that the property is being sold without any warranties or guarantees from the seller. This is important for buyers to understand, as it means they are taking on all responsibility for any issues or problems with the property that may arise after the sale. It`s essential to carefully inspect the property before signing the contract to ensure there are no major issues that could cause problems down the road.

The new fillable 2017 version of the residential contract for sale and purchase makes it easier and more convenient for buyers and sellers to complete the contract online. This version includes pre-filled sections for common terms and conditions, making it faster and simpler to fill out and sign.

However, it`s important to note that the fillable version of the contract should still be reviewed and approved by a real estate attorney before signing. This ensures that all terms and conditions are legally binding and that both parties understand their obligations under the contract.

In addition, the 2017 version of the contract includes new provisions related to homestead property, which is a primary residence protected from creditors by Florida law. These provisions clarify the process for the sale of homestead property and ensure that both parties are aware of any restrictions or limitations related to the sale.

Overall, the “as is” residential contract for sale and purchase is an essential document for anyone buying or selling real estate in Florida. The new fillable 2017 version of the contract provides a more convenient process for completing the contract online, but it`s still important to have the document reviewed and approved by a real estate attorney to ensure its legality and enforceability.

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