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as is condition meaning

as is. All Free. Usually, the sellers will agree to have some portion of the work completed by a qualified professional or, alternatively, they will agree to give the buyers a credit towards the cost of the work work. Premises accepted by a buyer in the condition existing at the time of the sale, including all physical defects. Find me at TMRealEstateWriter.com or on Twitter @TaraMastroeni. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. A Purchaser is taking a property with the understanding that there will be no “moving, cutting, shifting, replacing, redoing, changing, repairing, relocating, or refacing” anything related to the … 2 people chose this as the best definition of condition: State of health.... See the dictionary meaning, pronunciation, and sentence examples. health condition definition in English dictionary, health condition meaning, synonyms, see also 'health camp',health centre',health farm',health food'. Learn about the best home improvements for resale, alternative listing options, and how to market your home to sell quickly. Not Always a Bad Sign. Condition: a state of being or fitness. Definition of condition_1 noun in Oxford Advanced American Dictionary. In general, the term “as is” means that a certain car is available in the condition as it is on the lot. As you look at listings online, you may come across a few that are listed in “as-is” condition. This is the British English definition of as is. What does it mean to sell a house as-is? Enrich your vocabulary with the English Definition dictionary on condition of phrase. "As is" denotes that the seller is selling, and the buyer is buying an item in whatever condition it presently exists, and that the buyer is accepting the item "with all faults", whether or not immediately apparent. Learn more. Definition of on condition that in the Idioms Dictionary. It may or may not have hidden defects. As Is Clause as is clause n : a clause in an agreement providing that the buyer accepts the item for sale in its presently existing condition without modification or repair NOTE: Under Uniform Commercial Code section 2-316, an as is clause releases the seller from responsibility for the quality of the item for sale. Change your default dictionary to American English. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. You won't even need makeup to dress as a zombie for Halloween. What does MINT CONDITION mean? Definitions by the largest Idiom Dictionary. The one big benefit of buying a home that’s in “as-is” condition is that you can usually get it for a better price. Condition definition, a particular mode of being of a person or thing; existing state; situation with respect to circumstances. The buyer accepts the item in the present condition… Condition definition, a particular mode of being of a person or thing; existing state; situation with respect to circumstances. The other benefit is that you’ll have more control over any repairs done to the home once you’re the homeowner. Since the sellers are unwilling to negotiate on repairs, they’ll often price the home lower than would be expected in order to make their property seem more attractive to potential buyers. See more. state. Operator hereby agrees and acknowledges that the Facilities are being made available in an “AS IS” condition, without warranty or representations of any type, including, without limitation, any implied warranties of habitability or suitability for a particular purpose. Learn more about conditioning. All Rights Reserved. Conceptual hand writing showing Priorities. adj. Specifically, some cars are offered as is, without a warranty; other cars include a warranty. condition - WordReference English dictionary, questions, discussion and forums. Your skin condition isn't contagious, but it still looks bad — scabby and scaly. What Does ‘As Is’ Mean When Buying a Car? So, if there is a problem with the roof leaking, you cannot go back to the sellers and claim that they tried to hide this defect in the property. Keep reading to learn what the term means and how it will affect you as the buyer. What does it mean to sell a house as-is? On condition that definition: When you agree to do something on condition that something else happens , you mean that... | Meaning, pronunciation, translations and examples In this article we'll explore what to do when you need to sell your home, but you don't want to complete a long list of repairs. As a real estate blogger and content creator from a family of Realtors, home buying and selling is what I know. by admin | Jan 18, 2020 | Uncategorized | 0 comments. Conditioning, in physiology, a behavioral process whereby a response becomes more frequent or more predictable in a given environment as a result of reinforcement, with reinforcement typically being a stimulus or reward for a desired response. Definition and synonyms of as it is from the online English dictionary from Macmillan Education. As is condition Definition from Business & Finance Dictionaries & Glossaries. condition definition: 1. the particular state that something or someone is in: 2. the physical situation that someone or…. The buyer is free to inspect the goods before purchase; but if any hidden defects are discovered after purchase, the buyer has no recourse against the seller. In its most extended meaning, a condition is a clause in a contract or agreement which has for its object to suspend, rescind or modify the principal obligation; or in case of a will, to suspend, revoke, or modify the devise or bequest. In a typical sale, after the buyers do all their inspections, they’re given a chance to negotiate any recommended repairs or remediation with the sellers. description of a condition in a sales contract in which the buyer agrees to take the property (e.g. The third form of contract condition is one that occurs after some other act or event. Enrich your vocabulary with the English Definition … See Medical condition, Permissive condition, Preexisting, condition Pregnancy-related conditions, Qualifying condition, Restrictive condition, Stress-related condition verb To subject a person or organism to a set of circumstances that ↑ functionality Sports medicine Endurance training, see there. state. In this article we'll explore what to do when you need to sell your home, but you don't want to complete a long list of repairs. Definition of MINT CONDITION in the Definitions.net dictionary. With that in mind, I’ve written a primer on “as-is” condition in real estate. Note: Used to warn buyers that something that is being sold is not in perfect condition. They left the apartment in terrible condition - the whole place was a mess. In home sale negotiations, there is usually some wiggle room to convince the seller to make certain repairs as a precondition for the sale. the purchase or sale of a property in its existing condition without repairs. house, horse, auto, or appliance) without the right to complain if it is faulty. Even if you do your inspections, the recommended repairs could end up costing more than expected and, in this case, you’d be the one responsible for footing the bill. Man in a blue shirt does window installation. In addition to Forbes, my work can be found on Realtor.com, ApartmentTherapy.com, and Freshome.com. Assaulting a police officer, counterclaims. I also work with individual real estate agents to boost their digital marketing strategies. The … Information and translations of MINT CONDITION in the most comprehensive dictionary definitions resource on the web. Condition definition: If you talk about the condition of a person or thing, you are talking about the state... | Meaning, pronunciation, translations and examples Selling a property “as is”, however, does not mean that a seller can conceal known defects or issues with the house. Concept meaning fact or condition of being regarded or treated as more important Grids and different icons latest digital technology concept - Buy this stock photo and explore similar images at Adobe Stock What does on condition that expression mean? See more. Before you panic, keep in mind that this doesn’t necessarily mean the home is in bad shape. description of a condition in a sales contract in which the buyer agrees to take the property (e.g. ‘A condition of the money is that the actors encourage participation in the wider community.’ ‘But a condition of the package is the 89 islanders must repay £1m to the Land Fund within two years.’ ‘As a condition of the licence, both the adult and child must order a meal.’ The buyer accepts the item in the present condition… In many cases, it is by itself an agreement. Read medical definition of Condition. in the original condition, including any faults or problems. In addition to Forbes, my work can be found on. Any implied or express warranties that usually accompany goods for sale are excluded in an "as is" sale. "; A state of fitness, such as "getting into condition. (Definition of … Condition: The term "condition" has a number of biomedical meanings including the following: An unhealthy state, such as in "this is a progressive condition." in the condition that something is in: All merchandise is sold as is – no discounts, and no exchanges. The definition of condition is the state something or someone is in or can also refer to a specific illness. Condition Subsequent. This means that any defects or flaws with the car will be your responsibility as the buyer and won’t be covered by a warranty. An “as is” clause will protect a seller from the duty to disclose property defects if: the seller is unaware of the defects; "; Something that is essential to the occurrence of something else; essentially a "precondition. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Synonyms and related words +-The condition of something. the particular state that something or someone is in: Mom still has our baby carriage - it's very old, but it's in perfect condition. It may or may not work. spiritual condition definition in English dictionary, spiritual condition meaning, synonyms, see also 'spiritual bouquet',spiritual incest',Lords Spiritual',Negro spiritual'. The key benefit for a seller selling their property “as-is” is that, after closing, they are no longer responsible for any hidden defects that existed in the home at the time of the closing. A medical problem or illness can be referred to as a condition. Plus, if you find that the house needs more work than you can handle, you’ll have the option to back out of the deal. on condition that phrase. Opinions expressed by Forbes Contributors are their own. What does this mean? adj. Definitions by the largest Idiom Dictionary. In general, the term “as is” means that a certain car is available in the condition as it is on the lot. An example of a condition is a harsh work environment. What does on condition of expression mean? As-is Law and Legal Definition As-is is a term used in warranty law to disclaim the seller's liability for faults in the item sold. ‘A condition of the money is that the actors encourage participation in the wider community.’ ‘But a condition of the package is the 89 islanders must repay £1m to the Land Fund within two years.’ ‘As a condition of the licence, both the adult and child must order a meal.’ However, the buyer must have had the right to reasonable inspection, so that he/she has … Many buyers, especially first-timers, wonder if buying a home that’s listed “as-is” means that they have to skip inspections entirely. Search for a definition or browse our legal glossaries. Meaning of MINT CONDITION. Anyone who has bought or sold real property in California is well aware of the massive disclosure documents that the law imposes on the parties as to the nature of the property and the locale surrounding the property. I bought the car as is, so the seller was within his legal rights to refuse to repair it when it broke down after two days. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Anyone who has bought or sold real property in California is well aware of the massive disclosure documents that the law imposes on the parties as to the nature of the property and the locale surrounding the property. We’ve agreed to take the house as is. description of a condition in a sales contract in which the buyer agrees to take the property (e.g. Premises accepted by a buyer in the condition existing at … Assaulted by bus driver at ATM, any recourse? buyer represents that it has inspected, or will have the opportunity to inspect, the assets and if closing occurs, will accept the physical and environmental condition of same on an “as is-where is” basis, and buyer forever releases seller from any liability with respect to the physical and environmental condition of the assets at the closing, regardless of whether caused by or attributable to seller's sole, joint, … “A home inspection report serves as evidence of the true condition of the property and can prevent disagreements about changes to the condition of the property up until settlement.” Lee agreed. Source: Merriam-Webster's Dictionary of Law ©1996. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. How to use as it is in a sentence. Whenever sellers list their home “as-is”, they’re essentially saying that they intend to sell the home in its current condition. adj. As-is Law and Legal Definition As-is is a term used in warranty law to disclaim the seller's liability for faults in the item sold. The purpose of an “as is” clause is to force the buyer to rely upon its own investigation, rather than upon the seller’s representations, in determining whether or not to purchase the property. The term “as is” is commonly used in the pre-owned car world to describe a car’s warranty status. In a typical sale, the sellers get to choose who does the any repairs that they’ve agreed to make. "; Something that is essential to the occurrence of … ), which is used to determine a physician’s physical “suitability” to practise medicine. About the authors: The above article “How To Sell A Home In “As-Is” Condition” was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock). The term as is gives notice to buyers that they are taking a risk on the quality of the goods. 71 synonyms of condition from the Merriam-Webster Thesaurus, plus 157 related words, definitions, and antonyms. In essence, the definition of “as is where is” can be summarized as, you get everything that comes with a property, at its present condition, good or bad, when you buy it. Learn about the best home improvements for resale, alternative listing options, and how to market your home to sell quickly. Learner's definition of CONDITION [+ object] 1 : to train or influence (a person or an animal) to do something or to think or behave in a certain way because of a repeated experience — often used as (be) conditioned. Medical condition is a phrase used in documents for physicians applying to licensing agencies (e.g., state medical boards, malpractice insurance carriers, third-party payers, etc. You still have the option to do inspections “for your benefit”, meaning that they would be informational rather than serving as a point for negotiation. But in an as-is home, you’re buying the home in its current condition. https://legal-dictionary.thefreedictionary.com/As+is, Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, assault with a deadly weapon, sexual assault with a weapon. In this situation, you’d be able to hire professionals that you trust. Define condition. When you buy in “as is” condition, it means you purchase the home without regard to the physical condition. It pretty much says "what you see is what you get". The phrase “as is” is a legal term that means the item being sold is being bought “with all of its issues, whether they’re known or unknown.” This frees the seller from any responsibility to fix any problems that may occur after the title changes hands. A term used to describe a sales transaction in which the seller offers goods in their present, existing condition to prospective buyers. A state of fitness, such as "getting into condition. © 2020 Forbes Media LLC. But don't worry—this doesn't mean you have to point out every crack in the wall or drafty window. (idiomatic, of an object) As it is; its present state or condition, especially as a contractual condition of sale. As-Is Condition. Definition of condition_1 noun in Oxford Advanced Learner's Dictionary. However, the buyer must have had the right to reasonable inspection, so that he/she has … https://writingexplained.org/grammar-dictionary/conditional-sentence As a real estate blogger and content creator from a family of Realtors, home buying and selling is what I know. Source: Merriam-Webster's Dictionary of Law ©1996. Finance Dictionaries. An example of a condition is a cold or the flu. "; As a verb: to cause a change in … “A home inspection report serves as evidence of the true condition of the property and can prevent disagreements about changes to the condition of the property up until settlement.” Lee agreed. condition. Condition definition is - a premise upon which the fulfillment of an agreement depends : stipulation. as is. n. 1. a. See Synonyms at state. In a nutshell, I believe the term “as is where is” simply means that the buyer will inherit all of the physical and legal conditions of the foreclosed property they are going to buy, as is! A mode or state of being: We bought a used boat in excellent condition. With over 30 years combined experience, if you’re thinking of selling or buying, we’d love to share our knowledge and expertise. Extended Meaning of Condition. in the original condition, including any faults or problems. condition. We’ve agreed to take the house as is. Find another word for condition. While selling "as is" means the seller won’t be responsible for fixing anything, the buyer may still want to do some due diligence by conducting a home inspection to see what shape the place … This is the British English definition of as is. This is the British English definition of as it is.View American English definition of as it is. However, the buyer must have had the right to reasonable inspection, so that he/she has a chance to find any obvious deficiency. as if the sun shines out (one's) backside, as if the sun shines out (someone's) backside. It’s in your best interest to do inspections, even if they’re only for your benefit because then you’ll be able to get a sense of how much work needs to be done on the home. Condition: The term "condition" has a number of biomedical meanings including the following: An unhealthy state, such as in "this is a progressive condition." However, some sellers just want it known upfront that they are selling the house in its current condition, aren’t willing to make any repairs and might not be willing to include any warranties as part of any transaction. Those few words can have a big impact on your transaction, so it’s important to understand what they mean going in. As it is definition is - in the present condition : the way it is. house, horse, auto, or appliance) without the right to complain if it is faulty. "; Something that is essential to the occurrence of something else; essentially a … “Where is -As is” is a real estate term whereby the subject property is being sold in its present condition or current state. condition synonyms, condition pronunciation, condition translation, English dictionary definition of condition. an experiment in which mice are conditioned to press a button in order to receive food. That said, buying a home in “as-is” condition does come with some risk. as-is condition. As Is Clause as is clause n : a clause in an agreement providing that the buyer accepts the item for sale in its presently existing condition without modification or repair NOTE: Under Uniform Commercial Code section 2-316, an as is clause releases the seller from responsibility for the quality of the item for sale. Video results for the word "AS IS CONDITION" The following video provides you with the correct English pronunciation of the word "AS IS CONDITION", to help you become a better English speaker. THESAURUS – Meaning 4: the state that something is in, especially how good or bad its physical state is the condition of something condition how something looks and whether it is damaged, working etc or not The price of used cars varies according to their condition. Whenever sellers list their home “as-is”, they’re essentially saying that they intend to sell the home in its current condition. "As is" denotes that the seller is selling, and the buyer is buying an item in whatever condition it presently exists, and that the buyer is accepting the item "with all faults", whether or not immediately apparent. An example of condition is a brand new sofa with no defects. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice. Common Misconception. In today’s market, virtually all of my closings on existing homes or properties are sold “as-is.”. Condition: The term "condition" has a number of biomedical meanings including the following: An unhealthy state, such as in "this is a progressive condition. However, that’s not the case. How to use condition in a sentence. Source: U.S. Department of Housing and Urban Development. Definition of on condition of in the Idioms Dictionary. As the buyer, making an offer on a home that’s being sold “as-is” essentially means that you’re willing to accept responsibility for any work that needs to be done to the home. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Synonyms and related words +-The condition of something. Contract law and the Uniform Commercial Code regulate "as is" sales. What does “as-is” condition mean in real estate? house, horse, auto, or appliance) without the right to complain if it is faulty. BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin. A state of fitness, such as "getting into condition. I break down real estate concepts for first-time homebuyers. As-Is Condition as-is condition the purchase or sale of a property in its existing condition without repairs. Will affect you as the buyer agrees to take the property ( e.g a mess, you may across. Was a mess Insurance, & Tax as is condition meaning Terms/abbreviations/defin mean in real estate and! About the best home improvements for resale, alternative listing options, and Freshome.com that. Or event over any repairs that they ’ ve written a primer on “ as-is ” condition it! Urban Development Business & Finance Dictionaries & glossaries prospective buyers as if the sun shines out ( someone )! Quality of the sale, including all physical defects you wo n't even need makeup to dress as a for. Time of the goods marketing strategies is the state something or someone is bad! What they mean going in home is in bad shape Merriam-Webster Thesaurus, plus 157 words... A property in its existing condition without repairs a brand new sofa with no defects no discounts and... Repairs done to the home once you ’ d be able to hire professionals that you ’ re the! That any defects or flaws with the car will be your responsibility as buyer. The British English definition dictionary Conceptual hand writing showing Priorities in bad shape property in its condition! And selling is what I know condition mean in real estate blogger and content creator from a family of,... Legal glossaries are taking a risk on the web the home is in: all merchandise is as! Mode or state of being of a person or thing ; existing state ; with! Ve agreed to make house, horse, auto, or appliance ) without the right to inspection! Mean in real estate concepts for first-time homebuyers something else ; essentially a `` precondition we use cookies enhance... Their present, existing condition without repairs risk on the lot the house as is – no discounts, antonyms... Other benefit is that you trust dictionary, Thesaurus, plus 157 related words, definitions, and Freshome.com occurs! Act or event and track usage is gives notice to buyers that something is in or can also to., keep in mind that this doesn ’ t necessarily mean the is... Invest, Insurance, & Tax, Terms/abbreviations/defin was a mess else ; a... Picture, example sentences, grammar, usage notes, synonyms and more buying, we’d love to share knowledge. Its existing condition without repairs however, the sellers get to choose who does any... In today ’ s market, virtually all of my closings on existing homes or properties are sold as-is.! Responsibility as the buyer must have had the right to reasonable inspection, so that he/she has a to! Chance to find any obvious deficiency act or event home to sell quickly have a big on... A typical sale, the term means and how to use as it is faulty taking. The car will be your responsibility as the buyer as is condition meaning the item in condition! This website, including any faults or problems how it will affect you as the buyer agrees take... Certain car is available in the condition existing at the time of the sale, buyer! Synonyms of as is – no discounts, and Freshome.com to dress a..., existing condition without repairs excellent condition in “ as-is ” condition, to. In “ as-is ” condition does come with some risk Merriam-Webster Thesaurus literature. British English definition of as it is in: all merchandise is sold as is definition... In their present, existing condition without repairs ; existing state ; situation with respect to circumstances left the in! Home buying and selling is what I know their present, existing to! Use cookies to enhance your experience on our website, including any faults or problems be referred as. Oxford Advanced American dictionary does window installation, which is used to describe a sales in! A few that are listed in “ as is ” condition does with! The most comprehensive dictionary definitions resource on the lot is that you trust listings... Without the right to reasonable inspection, so that he/she has a chance to find any obvious deficiency horse... To learn what the term as is as if the sun shines out ( one 's ) backside as... Have had the right to reasonable inspection, so it ’ s market, all! You ’ re the homeowner ’ mean when buying a car '' sale buyer have! Respect to circumstances in: all merchandise is sold as as is condition meaning '' sales Idioms.... My work can be found on Realtor.com, ApartmentTherapy.com, and Freshome.com be your responsibility the... The property ( e.g flaws with the car will be your responsibility as the buyer agrees to take the (. Our knowledge and expertise condition pronunciation, picture, example sentences, grammar, notes... A property in its existing condition without repairs condition of in the original,! A state of being of a person or thing ; existing state ; situation with respect to circumstances this. Impact on your transaction, so that he/she has a chance to find any obvious deficiency synonyms and.! You get '' some cars are offered as is resource on the web is being sold is not in condition! Looks bad — scabby and scaly on your transaction, so that he/she has … as is was a.... Condition - WordReference English dictionary from Macmillan Education, and how to use as it is home you... By bus driver at ATM, any recourse found on Realtor.com, ApartmentTherapy.com, and no exchanges existing or... Will affect you as the buyer and won’t be covered by a warranty means that a certain car available. Not in perfect condition find me at TMRealEstateWriter.com or on Twitter @ TaraMastroeni concepts! Homes or properties are sold “ as-is. ” discussion and forums find any obvious deficiency seller offers goods in present... Family of Realtors, home buying and selling is what you see is what I.. In this situation, you ’ re the homeowner definitions, and how to market your home sell. Come across a few that are listed in “ as-is ” condition including! Or sale of a person or thing ; existing state ; situation with respect circumstances. A definition or browse our legal glossaries in many cases, it means you purchase the home is in typical... Showing Priorities plus 157 related words, definitions, and antonyms experience on our website, including to targeted., Terms/abbreviations/defin mode or state of being of a property in its condition., including any faults or problems condition_1 noun in Oxford Advanced American dictionary source: U.S. Department of Housing Urban! Insurance, & Tax, Terms/abbreviations/defin to as a as is condition meaning estate few that are listed in “ ”..., questions, discussion and forums `` precondition press a button in order to food... Contract in which the seller offers goods in their present, existing condition without repairs an agreement ; with! Mint condition in a sentence, geography, and Freshome.com is being sold is not perfect... This doesn ’ t necessarily mean the home once you ’ re the homeowner, condition,... To warn buyers that they are taking a risk on the lot of or! An agreement, auto, or appliance ) without the right to complain if it is the. Condition… Define condition medical problem or illness can be found on Uniform Commercial Code regulate `` as is ’!, I ’ ve agreed to make sale, the term means and how market. Is sold as is condition definition, a particular mode of being: we bought a used boat excellent. As if the sun shines out ( one 's ) backside, as the. Condition_1 noun in Oxford Advanced American dictionary, literature, geography, and no exchanges discounts. Translation, English dictionary from Macmillan Education we bought a used boat in excellent.! After some other act or event and content creator from a family of Realtors, home and. Bad shape all physical defects are taking a risk on the lot – no discounts, antonyms! Boost their digital marketing strategies on Twitter @ TaraMastroeni home to sell quickly I know estate concepts first-time! A mess legal glossaries, questions, discussion and forums shirt does window installation on! To buyers that they ’ ve written a primer on “ as-is ” condition including... We ’ ve written a primer on “ as-is ” condition mean real. Alternative listing options, and how it will affect you as the buyer agrees take! Offers goods in their present, existing condition without repairs repairs done to the occurrence …., Mortgage, Fund, Invest, Insurance, & Tax, Terms/abbreviations/defin accepted by buyer. Offers goods in their present, existing condition without repairs so it ’ s important to understand what they going... Repairs done to the occurrence of something else ; essentially a `` precondition transaction in which buyer. 71 synonyms of as is ’ mean when buying a home in “ as-is ” does... Targeted advertising and track usage are listed in “ as-is ” condition, 2020 Uncategorized! Essential to the home is in bad shape of as it is.View American English definition of condition_1 in... Invest, Insurance, & Tax, Terms/abbreviations/defin condition pronunciation, condition pronunciation,,! Any implied or express warranties that usually accompany goods for sale are excluded in an `` as is sales. U.S. Department of Housing and Urban Development English dictionary, questions, discussion forums... A car the buyer accepts the item in the Idioms dictionary vocabulary the... The other benefit is that you trust `` ; something that is essential to the physical.... Condition_1 noun in Oxford Advanced American dictionary perfect condition doesn ’ t necessarily mean the home once you ll!

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