Talk to your Realtor or an Attorney for more details, but there are two types of contracts used in Southwest Florida:

  • Standard Contract
  • AS IS Contract

In brief, here are the differences:

Standard Contract:

Two Rounds of Negotiating:

  • Price and Terms
  • Inspection Items

AS IS Contract:

  • Buyer is buying and Seller is selling in the AS IS condition. Contractually, seller is not obligated to repair or provide a credit for any inspection items and buyer can terminate contract "at buyer's sole discretion". This means the buyer doesn't have to have an inspection or any reason to terminate because it is at buyer's "sole discretion".

Go here to read more about contracts.