This review list is presented to provide you with information about the document in question and to assist you in its preparation. This form should be used for all one-time, “As Is” purchases, which typically involve the purchase of used equipment or materials of any kind. It is in the best interests of the Seller to require the buyer to sign this statement. It may appear to be excessive to use these forms even at garage sales, but it can do the Seller no harm and can protect him or her if a buyer pursues him or her.
- Make several copies. Distribute one to each signatory. One should be kept with the transaction file.
As Is Sale, No Warranties
As is Sale, no Warranties
To: ______________________Regarding: _____________________________________
Dated: _______________
These goods are sold AS IS, WHERE IS, and WITHOUT UCC WARRANTY of any kind whatsoever. There are no warranties given by seller, express or implied as to these goods, including, but not limited to, warranties of merchantability, and the sale is final. The buyer has no right of return for any circumstances of any kind. The buyer has had an adequate opportunity to inspect the goods for faults prior to purchasing them.
_______________________
Seller_______________________
BuyerAs is Sale, no Warranties
Review ListThis review list is provided to inform you about this document in question and assist you in its preparation. This form should be used for all one time, “As Is” purchases, which usually relates to the acquisition of used equipment or materials of any kind. It is in the Seller’s best interest to require the buyer to sign this statement. It may seem like overkill to use these forms even at garage sales, but it can do the Seller no harm to do so and can protect him or her if pursued by a buyer.
1. Make multiple copies. Give one to each signatory. Keep one with the transaction file.
Frequently Asked Questions
What does 'as is, where is' mean in a sale?
In an 'as is, where is' sale, the goods are sold in their current condition and location, without any warranties from the seller. The buyer accepts the goods with all faults and has no right to return them. This type of sale is final and provides no recourse for the buyer after the purchase.
What is an as-is sale with no warranties?
An as-is sale with no warranties means the seller provides no express or implied warranties, including merchantability, for the goods. The buyer has no right of return for any reason. The sale is final, and the buyer is responsible for inspecting the goods before purchase.
What does 'without UCC warranty' mean?
It means the seller disclaims all warranties under the Uniform Commercial Code (UCC), including implied warranties such as merchantability. The sale is made without any warranty of any kind. This leaves the buyer with no warranty protection.
Can I return goods sold as is?
No, the buyer has no right of return for any circumstances of any kind. The sale is final. This is explicitly stated in the as-is sale document.
What is the purpose of an as-is sale form?
The form is used for one-time 'as is' purchases, typically for used equipment or materials. It protects the seller by requiring the buyer to acknowledge that the goods are sold without warranties. It is in the seller's best interest to have the buyer sign this statement.
When should I use an as-is sale no warranties form?
This form should be used for all one-time 'as is' purchases, which usually involve used equipment or materials. It is appropriate even for small sales like garage sales, as it can protect the seller if pursued by a buyer. Using it does no harm to the seller.
What are the seller's obligations in an as-is sale?
The seller must provide the buyer with an adequate opportunity to inspect the goods for faults prior to purchasing. The seller gives no warranties, express or implied, and the sale is final. The seller should also make multiple copies of the form and give one to each signatory.
What are the buyer's rights in an as-is sale?
The buyer has the right to inspect the goods for faults before purchasing. However, the buyer has no right of return for any circumstances. The buyer accepts the goods without any warranties from the seller.
Is an as-is sale legally binding?
Yes, when the buyer signs the as-is sale document, it becomes a binding agreement that the goods are sold without warranties and that the sale is final. The document states that there are no warranties and no right of return. Both seller and buyer sign the form to acknowledge this.
How many copies of the as-is sale form should be made?
The review list advises making multiple copies and giving one to each signatory. This ensures that both the seller and buyer have a copy of the signed agreement. It is a recommended practice for proper documentation.
