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As Is Bill Of Sale for Austria

As Is Bill Of Sale Template for Austria

An "As Is" Bill of Sale is a legal document used under Austrian law that records the transfer of ownership of property from seller to buyer in its current condition, without warranties or guarantees. The document explicitly states that the buyer accepts the item in its present state, with all existing faults and defects, whether visible or not. While the document limits the seller's liability, it must still comply with Austrian Civil Code (ABGB) requirements and, where applicable, consumer protection laws. This document typically includes detailed item descriptions, current condition statements, and clear acknowledgments of the "As Is" nature of the sale.

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What is a As Is Bill Of Sale?

The As Is Bill of Sale is a crucial document in Austrian commercial and private transactions where items are sold in their current condition without warranties or guarantees. It serves as official documentation of ownership transfer and is commonly used for second-hand items, equipment, vehicles, or other assets where the seller wishes to limit their liability for the item's condition. Under Austrian law, while the document can limit warranties, it must still comply with the Austrian Civil Code (ABGB) and cannot completely exclude liability for intentionally concealed defects or fraud. The document is particularly useful in business liquidations, private sales, and asset disposals where transparency about the item's condition is essential. When used in business-to-consumer transactions, the "As Is" provisions must be clearly communicated and comply with consumer protection regulations.

What sections should be included in a As Is Bill Of Sale?

1. Parties: Identification and details of the seller and buyer, including full legal names, addresses, and any registration numbers for business entities

2. Item Description: Detailed description of the item(s) being sold, including identifying characteristics such as serial numbers, model numbers, or unique features

3. Purchase Price: The agreed purchase price and payment terms, including method and timing of payment

4. 'As Is' Declaration: Clear statement that the item is being sold 'As Is' with explicit exclusion of warranties and representations

5. Current Condition Statement: Description of the current condition of the item, including any known defects or issues

6. Risk and Title Transfer: Specification of when ownership and risk transfer from seller to buyer

7. Signatures: Space for dated signatures of both parties and any witnesses if required

What sections are optional to include in a As Is Bill Of Sale?

1. VAT Declaration: Required when either party is VAT-registered or when the transaction is subject to VAT

2. Delivery Terms: Include when the item requires delivery arrangements or pickup specifications

3. Governing Law: While Austrian law applies, this section may be included for clarity, especially in cross-border transactions

4. Dispute Resolution: Optional clause specifying how disputes will be handled, particularly useful in higher-value transactions

5. Third-Party Rights: Include when there are existing liens, encumbrances, or third-party interests that need to be addressed

6. Personal Data Processing: Required when personal data beyond basic contact information is being processed as part of the sale

What schedules should be included in a As Is Bill Of Sale?

1. Photograph Schedule: Photographs documenting the current condition of the item

2. Technical Documentation: Any existing technical documentation, manuals, or service history of the item

3. Ownership History: Documentation proving ownership and chain of title, particularly important for valuable items or vehicles

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Austria

Publisher

Ƶ

Document Type

Bill of Sale

Sector

Sales

Cost

Free to use
Relevant legal definitions




















Clauses




















Relevant Industries

Automotive

Manufacturing

Retail

Agriculture

Construction

Real Estate

Heavy Equipment

Industrial Machinery

Information Technology

Hospitality

Marine

Aviation

Furniture and Fixtures

Art and Collectibles

Relevant Teams

Legal

Procurement

Sales

Operations

Asset Management

Risk Management

Compliance

Administrative

Property Management

Fleet Management

Relevant Roles

Sales Manager

Procurement Officer

Business Owner

Asset Manager

Fleet Manager

Operations Director

Liquidation Specialist

Property Manager

Equipment Manager

Dealership Manager

Administrative Officer

Legal Counsel

Compliance Officer

Risk Manager

Purchase Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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