medium · National Real Estate Exam contracts

If a buyer agrees to an 'as-is' purchase but the contract also includes a 'right to inspect' with a 'right to cancel,' the 'as-is' clause generally means:

  1. The buyer has waived any right to sue for fraud even if a seller-concealed latent defect surfaces later
  2. The inspection results become legally binding on the seller and require repairs despite the 'as-is' language used
  3. The seller will not make repairs, but the buyer can still walk away if they don't like the inspection results.
  4. The 'as-is' clause is automatically void because it directly contradicts the buyer's separate right to inspect the property

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