As-Is Bill of Sale Template

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All states | 23 types
Updated Jan 15, 2024
~ 2 pages
PDF
2.8K downloads
An As-Is Bill of Sale – a contract that states an item is sold in its current condition without any guarantees. It is used by sellers to release liability and by buyers to acknowledge responsibility for any future defects or repairs.
As-Is Bill of Sale

State of  

County of  

The Parties:   having their usual place of living at   (the "Seller"), hereby sells, grants, and conveys to   having their usual place of living at   (the "Buyer") all of the Seller's rights, title, and interest in the property as described herein (the "Property").

Total price: The Buyer agrees to pay the Seller   for  .

Sales tax: The sales tax applicable to this sale is included in the total price of the Property. The Seller shall transfer the sales tax to the relevant tax authority on behalf of the Buyer.

Property location:  .

 

The Seller affirms legal ownership of the described Property and assures that it is free of any liens, security agreements, encumbrances, claims, demands, or charges.

The described Property is sold "as-is" without any warranties, express or implied, as to the condition of such Property. By accepting this Bill of Sale, the Property is acknowledged by the Buyer to have been personally inspected, and it is accepted in "as-is" condition. The Buyer is fully responsible for the Property after the transfer of the Property from the Seller to the Buyer.

This Bill of Sale shall be effective as to the transfer of all the Property listed in it as of  .

IN WITNESS WHEREOF, this Bill of Sale is executed on   (the "Effective Date").

The Seller

 

____________________________

(Place for signature)

 

The Buyer

 

____________________________

(Place for signature)

 

Notary Acknowledgment 

 

State of  

Acting in the county of  

 

 

Sworn to and subscribed before me on ___________________________

 

 

 

___________________________________

Place for signature

 

 

 

______________________________________

Notary public's name and seal

Written by Megan Thompson - Reviewed by Kate Adkham

Template Description

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Paper titled "As Is Bill of Sale", man shaking hands with the woman standing by the car; car keys

An as is bill of sale is an official document that shows the item being sold in its existing condition. This contract testifies that the buyer accepts the item as is at the time of sale and has agreed to the terms before the sale is complete. The as is (no warranty) bill of sale has all the important parts of the deal: buyer and seller, item(s) sold, price, and signatures.

Why Use an As Is Bill of Sale?

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When you buy the personal property with a bill of sale as is no warranty, it means you are agreeing to take the item exactly as it is at the time of buying. This includes any existing issues that it might have — those are all on you now. The seller isn't making any guarantees or providing any warranties. Considering a bill of sale as is emphasizes that you, the buyer, understand you're taking the item as it stands. It also means that the seller won't be held responsible if any issues crop up later. In other words, you're carrying the entire risk in the transaction of as is property.

So, before jumping into a deal like this, the buyer really needs to look over the item carefully. Using a bill of sale template as is can help shine a light on what everyone agrees to. It makes all the conditions obvious and easier for everyone to understand.

When to Use an As Is Bill of Sale

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For transactions involving personal property transfers, utilizing an as is bill of sale template can prove extremely valuable. It's utilized when the seller intends to free themselves from any obligations concerning issues or defects. This no warranty bill of sale means that after the purchase, the buyer isn't allowed to return the item or request a refund. Basically, the "sold as is" document shields the seller from any future claims related to the item's condition after the sale.

Remember, a basic as is no warranty form might not cover everything for some items like cars or boats. Different states might ask you to fill out specific forms for these types of sales. So, an "as is" form might not cut it. It's smart to check your state's website to understand the rules and make sure you're following them correctly. Before buying anything, you should take an as-is bill of sale printable for better convenience.

Filling Out the As Is Bill of Sale Form

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Step 1: Download the as is bill of sale PDF file and proceed to the subsequent steps.

Step 2: Seller Information

  • Enter the Seller’s Name.
  • Enter the Seller’s Address.

Step 3: Purchase Price

  • Insert the dollar amount for the purchase price.

Step 4: Buyer Information

  • Fill in the Buyer’s Name.
  • Fill in the Buyer’s Address.

Step 5: Describe the sale item in detail, including identifying marks, manufacturer, color, and associated serial number or VIN in the as is sale contract.

Step 6: Finalize the bill of sale as is PDF with a notary present, and complete the following:

  • Date of Sale.
  • Seller’s Signature.
  • Seller’s Printed Name.
  • Buyer’s Signature.
  • Buyer’s Printed Name.
  • Date of Endorsements.

Step 7: The notary completes the final segment:

  • County of License.
  • Date.
  • Notary’s Printed Name.
  • Notary’s Signature.
  • Notary’s Commission Expiration Date.
  • Affixed Notary Seal.

By following these steps, the parties involved in the transaction can ascertain that the sale is documented precisely and agreeably, offering legal safeguards and transparency for both the buyer and seller. In this context, a free printable as is no warranty form serves as a fantastic reference, simplifying the process and helping to ensure all bases are covered.