Contracts
In South Dakota, an 'as-is' clause in a real estate contract means:
AThe seller has no obligation to make repairs or disclosures
BThe buyer accepts the property in its current condition but the seller is still required to disclose known material defects✓ Correct
CAll contingencies are waived by the buyer
DThe property cannot be inspected before purchase
Explanation
An 'as-is' clause means the buyer accepts the property in its current condition and the seller is not required to make repairs. However, even with an 'as-is' clause, the seller must still disclose known material defects.
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