Contracts
An 'as-is' clause in a purchase agreement means the buyer:
AWaives all legal rights to a Transfer Disclosure Statement
BCannot conduct a home inspection
CAgrees to accept the property in its current condition but does not waive disclosure rights✓ Correct
DCannot sue the seller for any defects discovered after closing
Explanation
In California, an 'as-is' clause means the buyer accepts the property's current condition, but it does NOT waive the seller's duty to disclose known material defects via the Transfer Disclosure Statement (TDS). Sellers must still disclose.
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