Real Estate Exam Question: Contracts

Does not eliminate duty to disclose known material defects. Even in 'as-is' sales, Tennessee sellers must still disclose known material defects.

Contracts

Tennessee law regarding 'as-is' sales:

Eliminates all seller obligations

Does not eliminate duty to disclose known material defects

Is prohibited

Only applies to commercial property

Explanation

Even in 'as-is' sales, Tennessee sellers must still disclose known material defects.

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