Contracts
An 'as-is' clause in an Alaska purchase agreement:
ARelieves the seller of all disclosure obligations
BPrevents the buyer from conducting a home inspection
CMeans the buyer accepts known conditions but does not waive the seller's duty to disclose known defects✓ Correct
DTransfers all risk of loss to the buyer at contract signing
Explanation
An 'as-is' clause means the buyer accepts the property in its current condition and agrees not to request repairs. However, it does NOT relieve the seller of the duty to disclose known material defects. In Alaska, sellers must still disclose known defects even if the contract contains an 'as-is' clause.
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