Contracts
An as-is clause in a real estate contract generally means:
AThe seller guarantees there are no defects
BThe buyer accepts the property in its current condition and waives claims for unknown defects✓ Correct
CThe seller is not required to disclose any known defects
DThe buyer waives their right to an inspection
Explanation
An as-is clause means the buyer accepts the property in its present condition. However, it does not relieve the seller or agent of the obligation to disclose known material defects — it only means the seller will not make repairs.
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