Contracts
A 'survival clause' in a Mississippi purchase contract specifies that certain representations and warranties:
AExpire at closing
BContinue to be enforceable after closing for a specified period✓ Correct
CTransfer to the buyer's heirs
DAre superseded by the deed warranties
Explanation
A survival clause exempts specified representations, warranties, or obligations from the merger doctrine, allowing them to remain enforceable after closing for a defined period—particularly useful for seller representations about property condition.
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