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Real Estate Glossary

As-is condition

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Richard Wilson
Written by Richard Wilson

This is the existing condition of the premises that is accepted by the tenant at the time the lease is consummated. This would often include physical defects of the property. Once accepted, this forgoes any opportunity to request the landlord or owner to make repairs or offer credits for issues found within the property.

This is the existing condition of the premises that is accepted by the tenant at the time the lease is consummated. This would often include physical defects of the property. Once accepted, this forgoes any opportunity to request the landlord or owner to make repairs or offer credits for issues found within the property.

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Richard Wilson

Richard Wilson

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