Contracts
In Montana real estate, 'as-is' language in a purchase contract means the buyer:
AWaives all inspection rights and accepts all defects known and unknown
BAgrees to accept the property in its present condition but does not waive the right to inspect and potentially negotiate or cancel based on inspection findings✓ Correct
CCannot request a home inspection
DAccepts full liability for any pre-existing environmental conditions
Explanation
'As-is' in a Montana contract means the seller will not make repairs, but it does not eliminate the buyer's right to inspect. The buyer can still conduct inspections and, if defects are found, may negotiate or cancel based on any applicable contingencies in the contract.
Related Montana Contracts Questions
- Under Montana law, a real estate purchase contract may be rescinded for 'mutual mistake' when:
- In Montana, when a buyer makes an offer and the seller signs back a counteroffer, the original buyer's offer is:
- In Montana, an 'assignment clause' prohibiting assignment in a commercial lease means the tenant:
- In Montana, which type of listing agreement offers the seller the most flexibility, allowing multiple brokers to attempt to sell the property with a commission only to the one who produces a buyer?
- If a buyer defaults under a Montana purchase contract and the seller retains the earnest money, this is known as:
- The parol evidence rule in contract law means that:
- A purchase offer states that the seller must accept or reject within 48 hours. The seller does not respond within that period. The offer:
- Under Montana law, an oral lease for a residential property for a period of two years is:
Practice More Montana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Montana Quiz →