Contracts
In New Mexico, an 'as is' clause in a purchase contract means:
AThe seller makes no warranties about the property condition and buyer accepts it in its current state✓ Correct
BThe seller is not required to complete the NM Seller's Property Disclosure Statement
CThe seller can hide known material defects
DThe buyer waives all rights to inspection
Explanation
An 'as is' clause means the buyer accepts the property in its current condition without requiring the seller to make repairs. However, the seller must still disclose known material defects under New Mexico law.
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