Thinking about buying a condo in Fort Lauderdale—or anywhere in Florida? Before you dive into the real estate market, it’s essential to understand the Florida As-Is Contract. This is the standard contract used in most transactions across South Florida, including Fort Lauderdale, and it can have a major impact on your condo purchase.
In this video, you’ll hear directly from a real estate professional who is also an attorney, explaining how the Florida As-Is Contract works, what protections it offers, and—most importantly—what responsibilities fall on you as the buyer. We’ll break down the inspection period, hidden costs to watch out for, and how the contract can affect everything from negotiations to closing.
Whether you’re moving to Fort Lauderdale from New York, relocating within Florida, or just considering life in South Florida, this guide is designed to save you time, money, and stress. You’ll learn the fine print of buying a condo in Fort Lauderdale, what the Florida As-Is Contract really means in practice, and the red flags buyers often overlook.
Living in Fort Lauderdale means enjoying beaches, culture, and sunshine—but owning property here also means navigating HOA rules, condo regulations, and the legal obligations tied to the Florida As-Is Contract. We’ll cover common issues like unexpected assessments, condo association approval, and resale challenges that can affect both your lifestyle and your investment.
We’ll also touch on the cost of living in Fort Lauderdale, how it compares to other parts of South Florida, and what to look for when choosing the right neighborhood. Whether you’re buying a condo in Florida as a vacation home, an investment, or your full-time residence, understanding the Florida As-Is Contract is a crucial first step.
So if you’re exploring homes for sale in Fort Lauderdale, planning a move to South Florida, or simply want to be a smarter buyer, this video is for you.
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00:01 Buying a Property in FL? Florida Real Estate As-Is Contract EXPLAINED by Real Estate Attorney
01:21 Overview of the "As Is" Contract Document
02:25 The Importance of Professional Guidance
04:20 Different Types of Florida Real Estate Contracts
05:53 Paragraph 1: Parties, Property & Inclusions/Exclusions
08:51 Paragraphs 2 & 3: Purchase Price & Acceptance Deadline
10:51 Paragraphs 4, 5, & 6: Closing Date, Extensions, & Occupancy
14:12 Tenant Possession, Assignability, & Financing Options
17:09 Diving into the Financing Contingency (Paragraph 8)
20:25 Seller Financing, Assumptions & Closing Costs (Paragraph 9)
23:11 Required Disclosures: Permits, Flood Zones, Taxes & More
29:19 Inspections, Defaults & Dispute Resolution
33:48 Title, Liens, Closing Procedures & Prorations
38:46 Final Clauses & Conclusion
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