Contracts
What is the difference between an 'as-is' sale and a standard real estate sale?
AIn an as-is sale, the seller has no duty to disclose known defects
BIn an as-is sale, the seller will not make repairs, but still must disclose known material defects✓ Correct
CAn as-is sale eliminates the buyer's right to an inspection
DAn as-is sale provides the buyer with additional legal protections
Explanation
In an 'as-is' sale, the seller sells the property in its current condition and will not make repairs. However, the seller must still disclose known material defects.
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