Document background
The For Sale As Is Contract is utilized when selling goods where the seller wishes to limit their liability and the buyer agrees to accept items in their current condition. This document is particularly relevant in Singapore's commercial context, where it must comply with the Sale of Goods Act and related legislation. The contract typically includes detailed descriptions of the goods' condition, explicit 'as is' disclaimers, and clear terms regarding the transfer of ownership. It's commonly used for second-hand goods, clearance items, or situations where the seller cannot or does not wish to provide warranties beyond the basic guarantee of title.
