If a broker lists a home sold "as is", what must they disclose?

When a broker lists a home as "as is," they must disclose specific material defects that are known to them, particularly those that significantly affect the property's value or safety. This includes serious issues such as a leaky roof and cracks in the foundation, which can lead to costly repairs and pose potential hazards to future occupants.

Disclosing these defects is an essential part of the broker's duty to provide transparent information to potential buyers. This ensures that buyers are fully informed about the state of the property they are considering purchasing and can make their decision with all relevant information at hand.

Other aspects, such as minor issues, neighborhood problems, or anticipated future maintenance costs, do not carry the same legal obligation for disclosure under the "as is" labeling unless they are significant enough to affect the value or habitability of the property. Therefore, the requirement focuses on major and material defects that could impact a buyer’s decision-making process.