Contracts
What is a 'survival clause' in an Illinois real estate contract?
AA clause ensuring the contract continues if one party dies before closing
BA clause stating that certain representations, warranties, or obligations continue to be enforceable after closing has occurred✓ Correct
CA clause allowing either party to withdraw from the contract for any reason
DA clause that the contract survives attorney review without modification
Explanation
A survival clause specifies that certain contractual provisions remain enforceable after closing. Without such a clause, in general, obligations merge into the deed upon closing.
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