Contracts
A North Dakota real estate contract that contains an 'as-is' clause generally means:
AThe seller has no duty to disclose any defects
BThe buyer accepts the property in its current condition but the seller's duty to disclose known material defects may still apply✓ Correct
CThe buyer waives all inspection rights
DThe contract is exempt from the Statute of Frauds
Explanation
An 'as-is' clause means the buyer accepts the property in its current condition, but it does not eliminate the seller's obligation under North Dakota law to disclose known material defects on the Seller's Disclosure form.
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