In August 1992 plaintiffs, as purchasers, and defendant Circular Street Associates, the seller, executed a "CONTRACT FOR PURCHASE AND SALE OF REAL ESTATE" for property located at 156 Circular Street, a nine-unit apartment building located in the City of Saratoga Springs, Saratoga County. The contract contained a "CONDITIONS OF PREMISES" clause wherein the parties agreed that the premises were to be transferred "`as is'". After plaintiffs took...
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