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In this tutorial, the speaker reviews the "as-is" residential contract, highlighting best practices, important clauses, and their impact on transactions. The "as-is" contract is the most commonly used sales and purchase contract in Florida, standardized by Florida Realtors and created by attorneys. The tutorial emphasizes that users can only fill in the blanks of this form and cannot write a unique contract. Participants are encouraged to ask questions throughout the session, either by raising their hands or chatting in an online comment box.