Bill Of Sale As Is With No Warranty

State:
Connecticut
Control #:
CT-BILLSALE4
Format:
Word; 
Rich Text
Instant download

Description

This Bill of Sale without Warranty by Corporate Seller is a Bill of Sale with an appropriate state specific Acknowledgment by corporation Seller. This is a Quitclaim Conveyance. This form complies with all applicable state statutory law.

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FAQ

As Is - No Dealer Warranty means the dealer won't pay for any problems or needed repairs. You're assuming the risk of anything that goes wrong after the sale.

The as-is section should also state that the seller transfers the property ?without any guarantees or warranties of any kind, express or implied.? This legal language clarifies that the transaction is as-is and does not grant any warranty or guarantee on the property's condition.

Best practice is - your receipt should note the date of the transaction, the amount and include a line that states 'Purchased as is - no warranty given or implied' and should be signed by both parties to the transaction.

?As is? refers to a term used in sales contracts where the buyer agrees to buy a product in its current condition, without legal recourse should the buyer discover a defect in the product after purchase.

"As Is" alerts a buyer in a sales contract that they accept the purchased item, be it real estate, animals, automobiles or appliances, in its present condition. It also assumes the buyer has a right to inspect the property first so they can assess any defects and make an informed decision.

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Bill Of Sale As Is With No Warranty