Originally Published on February 24, 2017

In law school we learned some Latin. One very popular expression that you may have heard is “Caveat Emptor”, Let the Buyer Beware! When the Arizona Association of Realtors published its new Residential Purchase Contract for use by its members effective on February 1, 2017, they stripped the contract of the Seller warranties regarding condition and created the new AS IS sale that buyers now face when purchasing a resale home with a Realtor. READ MORE