Ohio Real Estate AS-IS Purchase Agreement is a contract used in the sale and purchase of real estate in the state of Ohio. It defines the terms, conditions, and responsibilities of the buyer and seller when entering into a real estate transaction in which the buyer agrees to purchase the property “as-is”, meaning without any warranty or guarantee. The agreement outlines the obligations of each party to the transaction, including the buyer’s responsibility to inspect the property and the seller’s responsibility to inform the buyer of any material defects in the property. This agreement also covers any contingencies that must be satisfied prior to closing, such as obtaining financing or making necessary repairs. The two most common types of Ohio Real Estate AS-IS Purchase Agreement are Residential and Commercial. The Residential AS-IS Purchase Agreement is for the sale and purchase of residential real estate, such as single-family homes, condos, and town homes. The Commercial AS-IS Purchase Agreement is for the sale and purchase of commercial real estate, such as office buildings, retail stores, and warehouses.
Ohio Commercial Real Estate Purchase Agreement Form
Description Simple As Is Purchase Agreement
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