Selling an Apartment “As-Is”: What It Means by Law (719)
Selling an apartment “as-is” is common in Israel, especially for quick sales or older properties.
However, this term has specific legal implications, and it is important to understand the rights and obligations of both the seller and the buyer.
This article explains what “as-is” sale means and how to complete such a transaction safely.
What “As-Is” Means
- Condition of the apartment
- The seller transfers the apartment without any obligation to perform repairs or fix defects.
- The buyer accepts the property in its current state.
- Disclosure obligations
- Despite an “as-is” sale, the seller is required to disclose known hidden defects.
- Hiding serious problems may lead to legal claims.
- Contract and earnest money (דמי רצינות)
- The contract must explicitly state that the sale is “as-is”.
- דמי רצינות confirms the seriousness of the buyer’s intentions and protects both parties.
- Legal review
- A lawyer ensures the contract wording is correct and protects the seller’s interests, minimizing the risk of disputes.
Tips from Unehasim
- Clearly specify “as-is” in the contract.
- Inform the buyer about known defects to avoid future claims.
- Keep all documents, correspondence, and photographs of the apartment before the sale.
- Consult a lawyer if in doubt — this protects against legal disputes.
An “as-is” sale allows you to reduce costs and speed up the transaction, but complying with the law is essential for safety.
Contact Unehasim Specialists
If you plan to sell an apartment “as-is” in Haifa, Unehasim specialists can help:
- Draft the contract correctly and include “as-is” conditions
- Review legal obligations of the seller and rights of the buyer
- Facilitate a safe transaction while minimizing risks
- Prepare documents and דמי רצינות to protect your interests
