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An as-is bill of sale means a buyer is purchasing an item in its present condition with all faults, visible or not. No warranty or guarantee is made by the seller. After the transaction is complete and the bill of sale is signed, ownership and title will transfer to the buyer.
III. NO WARRANTY. It is understood that this Bill of Sale implies no warranties from the Seller. The aforementioned property being sold under this Bill of Sale is on an “AS-IS” basis and any known or unknown defects shall be the sole liability of the Buyer. Buyer acknowledges this liability with their signature below. Seller Signature
An as-is bill of sale is a legal document that proves a buyer is purchasing a thing in its current and present condition without any warranties from the seller. Once the transaction or sale is complete, ownership and title to the property will transfer to the buyer.
An As-Is Bill of Sale, also known as the No Warranty Bill of Sale, is a form that a seller uses to document the purchase of an item in its current condition. The term “As-Is” means that the buyer has agreed to purchase the item with all its faults (visible or hidden), and the seller does not guarantee the quality of the product to the buyer.
Printable Vehicle Bill of Sale form. 50 state template. How to write AS IS private party car Bill of Sale - PDF - JPEG. How to file with DMV.
The simple clause verbally demonstrates an agreement to receive the property in its current condition, providing no warranty. This provision makes for ideal use involving the sale of many objects that do not have a unique bill of sale form for individual use.
An as is no warranty bill of sale emphasizes that the seller offers no warranties about the quality, condition, or functionality of the item. Complete this bill of sale template on Lawrina and manage your sales and purchases legally and confidently.