Document background
The As Is Home Purchase Agreement is a specialized contract used in the Netherlands for residential property transactions where the buyer agrees to accept the property in its current condition. This document is particularly relevant in situations where the seller wishes to limit their liability for property defects or when dealing with older properties, renovation projects, or properties with known issues. The agreement must comply with Dutch Civil Code requirements while explicitly stating the "as is" nature of the sale. It includes mandatory elements such as the three-day cooling-off period, notarial transfer requirements, and specific provisions about property registration with the Kadaster (Land Registry). The document serves both to protect the seller from future claims about property condition and to ensure the buyer makes an informed decision with full awareness of the property's state. It's essential for both parties to understand that while the "as is" clause limits the seller's liability, certain fundamental legal protections under Dutch law cannot be waived.
