What Is the Purpose of a 'State of Repair' Clause

question 40

Multiple Choice

What is the purpose of a 'state of repair' clause in a real estate transaction?

• A) to relieve the seller of any liability for hidden defects in the property
• B) to require the seller to notify the buyer of any defects that would impact its decision to purchase the property
• C) to require the seller to ensure the condition of the property remains unchanged until closing
• D) to require the seller to repair hidden defects in the property

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Definitions:

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A numerical calculation representing the average value of the accumulated final grades earned in courses over time.

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P(A|B)

The probability of event A occurring given that event B has occurred.