Farbar as is 2004-2025

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The standard length of a Buyers inspection period under an as-is residential contract is 15 daysalthough most contracts we see are typically 7 to 10 days. The inspection period is the free look period where buyers hire a home inspector to perform a full inspection of the property.
In general, there are two types of contracts that buyers can use to buy real estate in Florida: the standard Residential Contract for Sale and Purchase and the AS IS Residential Contract for Sale and Purchase. Both contracts allow buyers to cancel during the inspection period (usually 15 days).
One, you can change your mind after issuing an offer if you do so before the purchase agreement is signed. Once the contract is signed by both parties, however, it is legally binding and you usually cant get out of it without losing money.
Of course, buyers can still ask the seller to make repairs or reduce the price if an inspection uncovers a defect that wasnt obvious, such as mold or mildew issues - but the seller can refuse to do so and move forward with another purchaser.
Again, as-is does not mean the seller can hide important details about the house. It simply means that, for whatever reason, the seller wont be doing repairs - and that the buyer should be willing to accept the house in its current condition.
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The majority of homeowners are no longer responsible for the propertys condition once the closing documents are signed. As long as the seller disclosed all known issues and the buyer did their research, both parties should be happy transferring ownership of the home. The statute of limitations has passed.

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