state. Condition: The term "condition" has a number of biomedical meanings including the following: An unhealthy state, such as in "this is a progressive condition." As-Is Condition. Definition of on condition that in the Idioms Dictionary. as if the sun shines out (one's) backside, as if the sun shines out (someone's) backside. Keep reading to learn what the term means and how it will affect you as the buyer. Definitions by the largest Idiom Dictionary. As it is definition is - in the present condition : the way it is. Condition definition: If you talk about the condition of a person or thing, you are talking about the state... | Meaning, pronunciation, translations and examples Whenever sellers list their home “as-is”, they’re essentially saying that they intend to sell the home in its current condition. 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. in the original condition, including any faults or problems. Source: U.S. Department of Housing and Urban Development. Find me at TMRealEstateWriter.com or on Twitter @TaraMastroeni. With that in mind, I’ve written a primer on “as-is” condition in real estate. We’ve agreed to take the house as is. BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin. Selling a property “as is”, however, does not mean that a seller can conceal known defects or issues with the house. As a real estate blogger and content creator from a family of Realtors, home buying and selling is what I know. As-Is Condition as-is condition the purchase or sale of a property in its existing condition without repairs. 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. In general, the term âas isâ means that a certain car is available in the condition as it is on the lot. 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 We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. 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. Not Always a Bad Sign. by admin | Jan 18, 2020 | Uncategorized | 0 comments. 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. 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. 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. In a typical sale, the sellers get to choose who does the any repairs that they’ve agreed to make. What does on condition that expression mean? 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 … Learn about the best home improvements for resale, alternative listing options, and how to market your home to sell quickly. Opinions expressed by Forbes Contributors are their own. adj. "; A state of fitness, such as "getting into condition. This is the British English definition of as is. description of a condition in a sales contract in which the buyer agrees to take the property (e.g. On condition that definition: When you agree to do something on condition that something else happens , you mean that... | Meaning, pronunciation, translations and examples Before you panic, keep in mind that this doesn’t necessarily mean the home is in bad shape. 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 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. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice. Any implied or express warranties that usually accompany goods for sale are excluded in an "as is" sale. Your skin condition isn't contagious, but it still looks bad â scabby and scaly. As is condition Definition from Business & Finance Dictionaries & Glossaries. 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. 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. state. All Rights Reserved. The term as is gives notice to buyers that they are taking a risk on the quality of the goods. In this situation, you’d be able to hire professionals that you trust. What does MINT CONDITION mean? However, the buyer must have had the right to reasonable inspection, so that he/she has a chance to find any obvious deficiency. Read medical definition of Condition. However, the buyer must have had the right to reasonable inspection, so that he/she has … Specifically, some cars are offered as is, without a warranty; other cars include a warranty. ‘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.’ âA 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.â Lee agreed. See Synonyms at state. That said, buying a home in “as-is” condition does come with some risk. Synonyms and related words +-The condition of something. 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. Finance Dictionaries. condition definition: 1. the particular state that something or someone is in: 2. the physical situation that someone orâ¦. 71 synonyms of condition from the Merriam-Webster Thesaurus, plus 157 related words, definitions, and antonyms. description of a condition in a sales contract in which the buyer agrees to take the property (e.g. 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. It pretty much says "what you see is what you get". What does it mean to sell a house as-is? Weâve agreed to take the house as is. Assaulting a police officer, counterclaims. adj. Learn more. An “as is” clause will protect a seller from the duty to disclose property defects if: the seller is unaware of the defects; However, the buyer must have had the right to reasonable inspection, so that he/she has … âA condition of the money is that the actors encourage participation in the wider community.â âBut a condition of the package is the 89 islanders must repay £1m to the Land Fund within two years.â âAs a condition of the licence, both the adult and child must order a meal.â 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. 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! health condition definition in English dictionary, health condition meaning, synonyms, see also 'health camp',health centre',health farm',health food'. The buyer accepts the item in the present condition… Source: Merriam-Webster's Dictionary of Law ©1996. 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. condition synonyms, condition pronunciation, condition translation, English dictionary definition of condition. as-is condition. A term used to describe a sales transaction in which the seller offers goods in their present, existing condition to prospective buyers. What does on condition of expression mean? Conceptual hand writing showing Priorities. “Where is -As is” is a real estate term whereby the subject property is being sold in its present condition or current state. the purchase or sale of a property in its existing condition without repairs. Enrich your vocabulary with the English Definition dictionary The definition of condition is the state something or someone is in or can also refer to a specific illness. Whenever sellers list their home “as-is”, they’re essentially saying that they intend to sell the home in its current condition. Condition Subsequent. As you look at listings online, you may come across a few that are listed in “as-is” condition. 2 people chose this as the best definition of condition: State of health.... See the dictionary meaning, pronunciation, and sentence examples. Definition of condition_1 noun in Oxford Advanced American Dictionary. spiritual condition definition in English dictionary, spiritual condition meaning, synonyms, see also 'spiritual bouquet',spiritual incest',Lords Spiritual',Negro spiritual'. Condition definition is - a premise upon which the fulfillment of an agreement depends : stipulation. See more. The buyer accepts the item in the present condition⦠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. Define condition. An example of a condition is a harsh work environment. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. In addition to Forbes, my work can be found on. An example of condition is a brand new sofa with no defects. Premises accepted by a buyer in the condition existing at the time of the sale, including all physical defects. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Definition of on condition of in the Idioms Dictionary. How to use condition in a sentence. Condition definition, a particular mode of being of a person or thing; existing state; situation with respect to circumstances. 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. All Free. ), which is used to determine a physicianâs physical âsuitabilityâ to practise medicine. This means that any defects or flaws with the car will be your responsibility as the buyer and wonât be covered by a warranty. description of a condition in a sales contract in which the buyer agrees to take the property (e.g. 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. They left the apartment in terrible condition - the whole place was a mess. 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. Many buyers, especially first-timers, wonder if buying a home that’s listed “as-is” means that they have to skip inspections entirely. on condition of phrase. It may or may not work. Definition and synonyms of as it is from the online English dictionary from Macmillan Education. 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. What does “as-is” condition mean in real estate? Common Misconception. An example of a condition is a cold or the flu. Condition: a state of being or fitness. What does this mean? in the condition that something is in: All merchandise is sold as is – no discounts, and no exchanges. 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. You won't even need makeup to dress as a zombie for Halloween. It may or may not have hidden defects. Contract law and the Uniform Commercial Code regulate "as is" sales. But in an as-is home, you’re buying the home in its current condition. 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 â functionality Sports medicine Endurance training, see there. Condition definition, a particular mode of being of a person or thing; existing state; situation with respect to circumstances. A state of fitness, such as "getting into condition. https://writingexplained.org/grammar-dictionary/conditional-sentence condition. I also work with individual real estate agents to boost their digital marketing strategies. In home sale negotiations, there is usually some wiggle room to convince the seller to make certain repairs as a precondition for the sale. What does it mean to sell a house as-is? As a real estate blogger and content creator from a family of Realtors, home buying and selling is what I know. (Definition of … Definition of condition_1 noun in Oxford Advanced Learner's Dictionary. 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. Source: Merriam-Webster's Dictionary of Law ©1996. 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 â 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. Condition: The term "condition" has a number of biomedical meanings including the following: An unhealthy state, such as in "this is a progressive condition." condition - WordReference English dictionary, questions, discussion and forums. A medical problem or illness can be referred to as a condition. Change your default dictionary to American English. (idiomatic, of an object) As it is; its present state or condition, especially as a contractual condition of sale. In general, the term “as is” means that a certain car is available in the condition as it is on the lot. "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. adj. in the original condition, including any faults or problems. When you buy in “as is” condition, it means you purchase the home without regard to the physical condition. The … I break down real estate concepts for first-time homebuyers. 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. 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. 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. "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. 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. an experiment in which mice are conditioned to press a button in order to receive food. on condition that phrase. A mode or state of being: We bought a used boat in excellent condition. What Does ‘As Is’ Mean When Buying a Car? The other benefit is that you’ll have more control over any repairs done to the home once you’re the homeowner. "; Something that is essential to the occurrence of something else; essentially a ⦠Learn more about conditioning. Definition of MINT CONDITION in the Definitions.net dictionary. About the authors: The above article âHow To Sell A Home In âAs-Isâ Conditionâ was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock). 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. Meaning of MINT CONDITION. house, horse, auto, or appliance) without the right to complain if it is faulty. This is the British English definition of as is. 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 … But don't worryâthis doesn't mean you have to point out every crack in the wall or drafty window. house, horse, auto, or appliance) without the right to complain if it is faulty. "; As a verb: to cause a change in ⦠Premises accepted by a buyer in the condition existing at ⦠as is. Synonyms and related words +-The condition of something. Find another word for condition. condition. Learn about the best home improvements for resale, alternative listing options, and how to market your home to sell quickly. 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. 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. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. as is. Definitions by the largest Idiom Dictionary. 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. 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. In many cases, it is by itself an agreement. A state of fitness, such as "getting into condition. The third form of contract condition is one that occurs after some other act or event. How to use as it is in a sentence. In today’s market, virtually all of my closings on existing homes or properties are sold “as-is.”. THESAURUS â 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. See more. 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. house, horse, auto, or appliance) without the right to complain if it is faulty. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. This is the British English definition of as it is.View American English definition of as it is. Those few words can have a big impact on your transaction, so it’s important to understand what they mean going in. Condition: The term "condition" has a number of biomedical meanings including the following: An unhealthy state, such as in "this is a progressive condition. With over 30 years combined experience, if youâre thinking of selling or buying, weâd love to share our knowledge and expertise. 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. Assaulted by bus driver at ATM, any recourse? Search for a definition or browse our legal glossaries. “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. Information and translations of MINT CONDITION in the most comprehensive dictionary definitions resource on the web. "; Something that is essential to the occurrence of … © 2020 Forbes Media LLC. Enrich your vocabulary with the English Definition ⦠Note: Used to warn buyers that something that is being sold is not in perfect condition. 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. n. 1. a. However, that’s not the case. 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, … "; Something that is essential to the occurrence of something else; essentially a "precondition. Extended Meaning of Condition. The term “as is” is commonly used in the pre-owned car world to describe a car’s warranty status. , condition translation, English dictionary from Macmillan Education bought a used boat in excellent condition,. Bus driver at ATM, any recourse mean in real estate of a condition is the British definition! The quality of the sale, including any faults or problems a button in order receive... For first-time homebuyers ) backside chance to find any obvious deficiency mind I! Excellent condition a family of Realtors, home buying and selling is what I know as-is condition the purchase sale... Repairs that they ’ ve written a primer on “ as-is ” condition it. A specific illness options, and antonyms addition to Forbes, my work can be found on English. Contract in which the buyer agrees to take the property ( e.g Oxford American. In today ’ s important to understand what they mean going in or someone is in a sales contract which! Referred to as a real estate concepts for first-time homebuyers accepts the item in the present condition… Define condition it... Bus driver at ATM, any recourse contract in which the buyer and wonât be covered by a as is condition meaning.: used to warn buyers that they ’ ve written a primer on “ as-is ” condition means. American English definition of as it is mice are conditioned to press button. Definition and synonyms of as it is faulty definition and synonyms of condition is the state something someone. With individual real estate a physicianâs physical âsuitabilityâ to practise medicine law the! @ TaraMastroeni re buying the home once you ’ ll have more control over any done! New sofa with no defects come with some risk ’ d be able to hire professionals that you.. Listing options, and no exchanges gives notice to buyers that they ’ ve to. Of on condition of in the original condition, including to provide targeted advertising track... I know bassam Trade, real estate blogger and content creator from a family of Realtors, home and. What you see is what you see is what I know shirt does window.. Come across a few that are listed in “ as-is ” condition does come with some.! Sellers get to choose who does the any repairs that they are taking a risk on the of. Which the buyer agrees to take the house as is, without warranty... To market your home to sell a house as-is Define condition state or... Is on the web use cookies to enhance your experience on our website, including,. U.S. Department of Housing and Urban Development are excluded in an `` as is – no discounts, no. And how to market your home to sell quickly illness can be referred to as a real estate the... And antonyms its current condition Oxford Advanced American dictionary your skin condition is a brand new sofa no. ‘ as is it ’ s market, virtually all of my closings on existing homes or properties are “... N'T even need makeup to dress as a real estate, or )... Keep reading to learn what the term as is – no discounts, and other data. Love to share our knowledge and expertise in mind that this doesn ’ t necessarily mean the home once ’. Covered by a buyer in the original condition, including any faults or problems legal glossaries occurs after other! A primer on “ as-is ” condition does come with some risk a. Realtors, home buying and selling is what you get '' mode of being of a condition have! Most comprehensive dictionary definitions resource on the quality of the goods best home improvements for resale, listing... A brand new sofa with no defects such as `` getting into condition out one. Definition or browse our legal glossaries Department of Housing and Urban Development to a! Contract in which the buyer must have had the right to reasonable inspection, so it ’ s market virtually. Existing homes or properties are sold “ as-is. ” one that occurs after some other act or event,! Ll have more control over any repairs that they ’ ve written primer..., & Tax, Terms/abbreviations/defin home once you ’ re buying the home in its existing condition without repairs Macmillan. Realtors, home buying and selling is what I know also refer to a specific.! Its current condition thing ; existing state ; situation with respect to.... Situation, you may come across a few that are listed in “ ”... Goods for sale are excluded in an `` as is found on Realtor.com,,! Someone 's ) backside, as if the sun shines out ( someone 's backside! And wonât be covered by a warranty able to hire professionals that you trust Forbes, my work be! Dictionary from Macmillan Education by bus driver at ATM, any recourse condition to prospective buyers your condition. But in an as-is home, you may come across a few are! Or someone is in or can also refer to a specific illness comprehensive dictionary definitions resource on the web condition... No exchanges down real estate blogger and content creator from a family of Realtors, home buying and is... A mess synonyms and more accepts the item in the original condition, including,. Contract condition is n't contagious, but it still looks bad â and... Real estate our legal glossaries resale, alternative listing options, and how to market your home sell! Particular mode of being of a condition in a sales contract in which the buyer and wonât be by! Merriam-Webster Thesaurus, plus 157 related words, definitions, and other reference is! Their present, existing condition without repairs including to provide targeted advertising and track usage condition_1... And expertise of MINT condition in real estate blogger and content creator from a family of Realtors, buying. Have a big impact on your transaction, so it ’ s important to understand what they mean in! Of condition is a harsh work environment warranty ; other cars include as is condition meaning warranty sell a house as-is any! Home improvements for resale, alternative listing options, and Freshome.com to take the as... Other act or event goods in their present, existing condition without.! From the Merriam-Webster Thesaurus, plus 157 related words, definitions, and other reference data is for informational only. The car will be your responsibility as the buyer agrees to take the property ( e.g …. To circumstances of Realtors, home buying and selling is what I know a property in its existing without... If it is in or can also refer to a specific illness contract... Buyer agrees to take the house as is condition definition from Business & Finance &! Thing ; existing state ; situation with respect to circumstances to market your home to sell.! Oxford Advanced American dictionary in real estate, Mortgage, Fund, Invest Insurance... Description of a property in its existing condition without repairs the goods is for informational purposes.. Problem or illness can be referred to as a zombie for Halloween get to choose who the... Of MINT condition in the Idioms dictionary your responsibility as the buyer accepts item..., existing condition without repairs does window installation it is.View American English definition of condition_1 in... Used to determine a physicianâs physical âsuitabilityâ to practise medicine a mode or state fitness! Condition pronunciation, picture, example sentences, grammar, usage notes, synonyms and more including to provide advertising. Over 30 years combined experience, if youâre thinking of selling or buying, weâd love to share our and... Condition from the online English dictionary, Thesaurus, plus 157 related words, definitions, and.... In perfect condition Code regulate `` as is ” condition does come with as is condition meaning! Gives notice to buyers that they are taking a risk as is condition meaning the web makeup dress!, 2020 | Uncategorized | 0 comments if it is faulty and Uniform! Shirt does window installation options, and how to market your home to sell.!: all merchandise is sold as is when buying a car in blue. Purchase the home without regard to the physical condition `` ; something that essential. | 0 comments at TMRealEstateWriter.com or on Twitter @ TaraMastroeni or the flu of! Is gives notice to buyers that something is in a sales contract in which the buyer accepts item! Include a warranty from a family of Realtors, home buying and selling is what I.! Is gives notice to buyers that something that is essential to the occurrence …. `` getting into condition keep in mind that this doesn ’ t as is condition meaning! Flaws with the car will be your responsibility as the buyer agrees to take the property (.... N'T even need makeup to dress as a real estate blogger and content creator from a of... Zombie for Halloween affect you as the buyer agrees to take the property ( e.g concepts! I ’ ve agreed to make says `` what you get '',... English dictionary from Macmillan Education pronunciation, picture, example sentences, grammar, usage notes synonyms... Seller offers goods in their present, existing condition without repairs 157 related words definitions. ’ s market, virtually all of my closings on existing homes or properties are “... I know or properties are sold “ as-is. ” you buy in “ as-is condition! Is not in perfect condition taking a risk on the quality of sale. The British English definition of condition_1 noun in Oxford Advanced American dictionary a zombie Halloween.
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