Buyer and Seller Terms

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August 25, 2024 3 min read Definitions
AS IS: Definition and Implications in Commercial Agreements
Commercial Law Real Estate AS IS Commercial Agreements Buyer and Seller Terms Defective Goods Latent Defects
The term 'AS IS' denotes an agreement where the buyer accepts the delivery of goods in the condition they are found during inspection prior to purchase, even if they are damaged or defective, except for latent defects.
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