Contracts (alternative)
Maryland's Residential Property Disclaimer means the seller is stating:
AAll disclosed defects will be repaired before closing
BThe property is sold 'as-is' and the seller makes no representations about condition✓ Correct
CThe seller has had a full home inspection
DThe buyer waives their right to an inspection
Explanation
By choosing the Disclaimer option (instead of Disclosure), a Maryland seller states they are selling the property in 'as-is' condition, making no representations. The buyer has the right to conduct their own inspections.
Related Maryland Contracts (alternative) Questions
- In Maryland, an option contract typically expires if the optionee (buyer):
- A Maryland addendum to a purchase contract is valid when it:
- In Maryland, an exclusive agency listing differs from an exclusive right to sell because:
- A Maryland purchase agreement includes an 'as-is' clause. This means the buyer:
- Under the Maryland Statute of Frauds, which contract must be in writing to be enforceable?
- In Maryland, 'earnest money' serves primarily as:
- In Maryland, a listing agent who becomes aware that another offer is being submitted while negotiating an offer must:
- A Maryland real estate contract provision that says the buyer's obligation is contingent on obtaining financing at no more than 6% interest is a:
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