Contracts
Under Virginia law, an 'as-is' clause in a purchase contract means the buyer:
AWaives all legal claims against the seller
BAccepts the property in its current condition but does not waive claims for known defects the seller failed to disclose✓ Correct
CCannot conduct a home inspection
DLoses the right to negotiate repairs
Explanation
An 'as-is' clause means the buyer accepts the property's condition, but it does not release the seller from liability for known defects they failed to disclose. Fraudulent concealment is still actionable.
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