ContractsCâu 64 / 120
An 'as-is' clause in a purchase contract generally means the buyer agrees to:
a.Waive the right to inspect the property
b.Accept the property in its present condition, without the seller being obligated to make repairs
c.Pay above the appraised value
d.Give up the right to a deed
Giải thích
An as-is clause means the seller is not obligated to make repairs and the buyer accepts the current condition, though buyers typically still inspect. It does not eliminate the seller's duty to disclose known material defects.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A legal remedy in which a court orders a defaulting seller to actually convey the property as agreed is:
- The 'parol evidence rule' generally prevents a party from:
- In Texas, the Seller's Disclosure Notice for residential property generally requires the seller to disclose:
- An assignment of a contract typically transfers:
- A contract in which all parties have fully performed their obligations is described as:
- For an acceptance to create a binding contract under the common law 'mirror image' rule, the acceptance must:
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