To disclose or not to disclose

[quuen]

A friend is selling a townhouse in NY. He has had some leaks fixed and everything seems to be okay. However some appliances do not work properly (the fridge and dishwasher). What has to be disclosed and what doesnt? Can the house be sold "as is", is there any such thing?

 

[Michael Wechsler]

Originally posted by quuen
A friend is selling a townhouse in NY. He has had some leaks fixed and everything seems to be okay. However some appliances do not work properly (the fridge and dishwasher). What has to be disclosed and what doesnt? Can the house be sold "as is", is there any such thing?

The house can be sold as is and such a term is usually in most real estate contracts, especially with regard to appliances. If you take a look at a typical contract of sale you'll see the clause (should be right at the beginning.)