Undate: As of August 2024 there is a ne veriosn of these which are substantially the same as the November 2021 versions EXCEPT they now include language required by the NAR settlement.
UPDATE: As of November 1 2021 the new version (6) of the FAR BAR As-IS is in use.
In Florida there are 2 basic “types” of a contract used to purchase real estate and 2 different version of each of these. There is the Florida Association of Realtors (FAR) forms and the Florida Association of Realtors/Florida Bar Association (FAR/BAR) forms. In these forms one can use the As-Is or non As-Is…what I will call methodology. In an As-Is style contract the Buyer agrees to purchase the property in the As-IS condition after an agreed upon inspection period. In a standard (non As-Is) contract the the Buyer has an inspection and provides copies of report showing item to be repaired by the Seller up to threshold, as in 1.5% of the purchase price for general repairs, 1.5% for to address wood destroying organisms and 1.5% for permit issues.
This As-Is Contract for Residential Sale and Purchase (FAR/BAR “As-Is”) is the most widely used Contract:
The Contract for Residential Sale and Purchase (CRSP)
As-Is rider to the CRSP Contract (Optional)
Contract for Residential Sale and Purchase (FAR/BAR)
