Contracts
An 'as-is' clause in a Montana purchase contract means:
AThe seller guarantees the property is free of all defects
BThe buyer accepts the property in its current condition but the seller must still disclose known material defects✓ Correct
CThe seller has no duty to disclose any defects
DThe buyer waives all rights to a home inspection
Explanation
An 'as-is' clause does not relieve the seller of their duty to disclose known material defects in Montana. The buyer accepts the condition but the seller must still provide full disclosure.
Related Montana Contracts Questions
- A Montana seller who accepts a backup offer on their property should understand that the backup offer:
- In Montana, a release of liability (hold harmless agreement) in a real estate contract:
- In Montana, a 'release clause' in a blanket mortgage allows the borrower to:
- In a Montana real estate contract, 'time is of the essence' means:
- For a real estate contract in Montana to be enforceable, it must be:
- Under Montana law, a 'merger doctrine' in real estate contracts means that:
- Fraud in a real estate contract exists when a party makes:
- A bilateral contract requires:
Practice More Montana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Montana Quiz →