Contracts
An 'as-is' clause in a NJ real estate contract:
AEliminates all seller disclosure requirements
BMeans the buyer accepts the property in its current condition but does not relieve sellers of disclosing known material defects✓ Correct
CPrevents the buyer from conducting inspections
DVoids the attorney review period
Explanation
Even in an 'as-is' sale, NJ sellers must still disclose known material defects via the Property Condition Disclosure Statement. The buyer accepts condition but is not waiving disclosure rights.
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