In a Glendale transaction review, the buyer says the seller may skip the SPDS because the contract says the property is purchased as is. What is the most accurate response?
Correct Answer
C) waiving the SPDS form or using as-is language does not erase the duty to disclose known material adverse facts
Under Hill v. Jones; current AAR contract; Arizona disclosure practice, waiving the SPDS form or using as-is language does not erase the duty to disclose known material adverse facts.
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