Contracts
In Colorado, an 'as-is' addendum in a real estate contract means:
AA. The buyer waives all rights to inspect the property
BB. The seller is not required to make repairs, but the buyer typically retains inspection rights and may still terminate based on inspection results✓ Correct
CC. The seller has no disclosure obligations
DD. The buyer cannot request any repairs or credits
Explanation
An 'as-is' clause means the seller will not make repairs or provide credits. However, in Colorado, the buyer typically retains their inspection rights and can still terminate the contract based on unsatisfactory inspection results (by the inspection objection deadline). The 'as-is' clause does not eliminate the seller's disclosure obligations for known material defects.
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