Contracts
A purchase contract states the property is sold 'as is.' This means:
AThe seller has no duty to disclose any defects
BThe buyer accepts the property in its current condition, but in Indiana the seller must still complete the required disclosure form✓ Correct
CNo inspection is permitted
DThe seller guarantees there are no defects
Explanation
An 'as is' clause means the buyer accepts the property in its current condition. In Indiana, however, the seller is still required to complete the Seller's Residential Real Estate Sales Disclosure, disclosing known conditions.
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