Contracts

What is the 'integration clause' (merger clause) in a North Dakota real estate contract?

AA clause merging two separate parcels into one
BA clause stating the written contract represents the entire agreement, superseding prior verbal agreements✓ Correct
CA clause allowing a buyer to assume the seller's mortgage
DA clause integrating the closing costs into the purchase price

Explanation

An integration or merger clause states that the written contract is the complete and final agreement between the parties, and that prior verbal negotiations or representations are not part of the contract.

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