Posted by Rich-CA on April 20, 2007 at 23:43:25:
“As is, where is” usually means that the owner will not fix or repair anything. A unit that is not rent ready because it needs repairs would not be a reasonable interpretation of “as is”. Normal business activities could be considered: collecting of rent, sending of notices, routine maintenance (trash, light bulbs, mowing grass and the like). It would not reasonable include: painting interiors of units, replacing carpets, and so on. The later are repairs and would not be included in an “as is” sale.