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As is Addendum Maryland Form

As is Addendum Maryland Form

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[Music] hello my name is Colette Massengale and thank you for joining me to discuss the MA are as is addendum the first question you might have regarding this addendum is when would the parties actually use it the ABA's addendum should be used when the seller is selling the property as is the important thing to remember is that seller is conveying the property as is as of the date of contact acceptance you might be thinking what does as is as of the date of contact acceptance actually means it means the seller is conveying the property in substantially the same condition as existed on the data contact acceptance as such we are of the view that if there is any damage to the property that occurs after the date of contact acceptance seller must repair that damage so the data contact acceptance is an important date also pursuant to section 10 - 702 of the real property article which is the disclosure and disclaimer law whether the seller is disclosing or disclaiming seller may elect to con

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