ContractsMEDIUM
Tennessee law regarding 'as-is' sales:
Correct Answer
B) Does not eliminate duty to disclose known material defects
Even in 'as-is' sales, Tennessee sellers must still disclose known material defects.
Answer Options
A
Eliminates all seller obligationsB
Does not eliminate duty to disclose known material defectsC
Is prohibitedD
Only applies to commercial propertyVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
seller-disclosure-requirementscontract-contingenciesmaterial-defects-definitionreal-estate-disclosure-laws
Key Terms:
as-is salematerial defect disclosureTennessee Code Annotated 66-5-202seller disclosurecaveat emptor
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