Contracts
What is an 'as-is' clause in a South Carolina real estate contract?
AThe buyer receives a guarantee that no defects exist
BThe buyer accepts the property in its current condition without requiring repairs✓ Correct
CThe seller is exempt from all disclosure requirements
DThe buyer can return the property after closing if defects are found
Explanation
An as-is clause means the buyer accepts the property in its current condition. However, the seller must still disclose known material defects, and the buyer retains the right to inspect and walk away if dissatisfied.
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