Contracts
A Louisiana purchase agreement includes an 'as-is' clause. This means the buyer:
ACannot inspect the property
BAccepts the property in its current condition, but the seller must still disclose known material defects✓ Correct
CRelieves the seller of all liability regardless of what defects exist
DWaives their right to an appraisal
Explanation
An 'as-is' clause means the buyer accepts the property's current condition and the seller will not make repairs. However, in Louisiana the seller still has a duty to disclose known material defects — the 'as-is' clause does not protect sellers who conceal known problems.
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