Contracts
An 'as-is' clause in a Louisiana real estate contract means:
AThe seller warrants all property conditions
BThe buyer accepts the property in its current condition without seller repairs✓ Correct
CThe buyer waives all rights to inspect the property
DThe seller must disclose all defects before closing
Explanation
An 'as-is' clause means the buyer agrees to accept the property in its present condition. However, it does not eliminate the seller's obligation to disclose known material defects under the Louisiana Residential Property Disclosure Act.
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