The As Is Bill of Sale Printable is a essential legal document used in the Philippines for documenting the transfer of property from seller to buyer without any warranties or guarantees. This document is particularly useful when selling used items, equipment, vehicles, or other property where the seller wants to ensure they're not liable for the item's future performance or condition. Governed by Philippine law, particularly the Civil Code and Consumer Act, it provides protection for both parties by clearly documenting the sale terms and the "as is" nature of the transaction. The document includes crucial information such as party details, property description, sale price, and explicit acknowledgment that the buyer accepts the property in its current condition. It's commonly used in both personal and business transactions where transparency about the property's condition is essential.
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1. Parties: Identifies and provides complete details of the Seller and Buyer, including their full legal names, addresses, and contact information
2. Property Description: Detailed description of the property being sold, including identifying characteristics, serial numbers, or other relevant identifiers
3. Consideration: States the agreed purchase price and payment details
4. As Is Condition: Clear statement that the property is being sold 'as is' with no warranties or guarantees, explicit disclaimer of warranties
5. Title and Ownership: Seller's declaration of clear title and right to sell the property
6. Risk and Transfer: Specifies when risk and ownership transfer to the buyer
7. Governing Law: Specifies that Philippine law governs the transaction
8. Execution: Date and signature blocks for both parties
1. Payment Terms: Include when payment is not made in full at signing, detailing installment schedule or other payment arrangements
2. Delivery Terms: Include when delivery arrangements need to be specified, including timing and responsibility for delivery costs
3. Inspection Acknowledgment: Include when buyer has inspected the property prior to purchase, confirming acceptance of current condition
4. Tax Responsibilities: Include when there's a need to clarify responsibility for various taxes related to the sale
5. Witness Section: Include when additional verification of the transaction is desired, particularly for high-value items
6. Notarial Section: Include when the document needs to be notarized, particularly for high-value transactions or vehicle sales
1. Property Photos: Visual documentation of the property's condition at time of sale
2. Inspection Report: If available, detailed report of property's condition and any known issues
3. Title Documents: Copies of relevant ownership documents, particularly for vehicles or registered property
4. Payment Receipt: Documentation of payment made, especially for cash transactions
Relevant legal definitions
Clauses
Relevant Industries
Retail
Automotive
Manufacturing
Agriculture
Real Estate
Construction
General Commerce
Small Business
Industrial Equipment
Consumer Goods
Relevant Teams
Legal
Procurement
Sales
Operations
Administration
Compliance
Asset Management
Property Management
Contract Management
Finance
Relevant Roles
Sales Manager
Procurement Officer
Business Owner
Administrative Assistant
Legal Counsel
Compliance Officer
Property Manager
Asset Manager
Operations Manager
Fleet Manager
Purchasing Manager
Contract Administrator
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