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Car As Is Sale Agreement Template for United States

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Key Requirements PROMPT example:

Car As Is Sale Agreement

"I need a Car As Is Sale Agreement for selling my 2018 Toyota Camry to a private buyer, and need to ensure all known mechanical issues are documented and that I'm protected from any future liability claims."

Document background
The Car As Is Sale Agreement serves as a crucial legal document for private vehicle sales in the United States where the seller wants to transfer ownership without providing any warranties or guarantees. This agreement is commonly used when selling used vehicles between private parties or by dealerships selling older vehicles. It includes essential information such as vehicle details, purchase price, known defects, and explicit warranty disclaimers. The document ensures compliance with both federal regulations and state-specific requirements while protecting both parties' interests by clearly documenting the terms of sale and the 'as is' nature of the transaction.
Suggested Sections

1. Parties: Identifies the seller and buyer with full legal names and addresses

2. Background: Brief context of the sale transaction

3. Definitions: Key terms used throughout the agreement

4. Vehicle Description: Detailed information about the vehicle including make, model, year, VIN, mileage

5. Purchase Price and Payment: Terms of sale including price and payment method

6. As Is Disclaimer: Clear statement that vehicle is sold as-is with no warranties

7. Transfer of Title: Process and obligations for transferring vehicle ownership

8. Signatures: Execution block for both parties

Optional Sections

1. Known Defects: Optional section listing any known vehicle issues or problems that the seller is aware of

2. Bill of Sale: Additional section confirming transfer of ownership, required in some states

3. Dispute Resolution: Optional section detailing process for handling disagreements between parties

4. Governing Law: Optional section specifying applicable state law, particularly important for interstate transactions

Suggested Schedules

1. Vehicle Inspection Report: Third-party inspection results if available

2. Vehicle History Report: CarFax or similar vehicle history documentation

3. Maintenance Records: Documentation of vehicle service history

4. State-Specific Forms: Required state documentation for vehicle transfer

5. Odometer Disclosure Statement: Federally required disclosure for vehicles less than 10 years old

Authors

Alex Denne

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

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Industries

Magnuson-Moss Warranty Act: Federal law governing consumer product warranties, including requirements for written warranties on consumer goods

FTC Used Car Rule: Federal regulation requiring dealers to display a Buyers Guide with warranty and other information on used cars

Truth in Mileage Act (TIMA): Federal law requiring accurate odometer disclosures during vehicle transfers to prevent odometer fraud

UCC Article 2: Uniform Commercial Code provisions governing sales transactions, including vehicle sales

UCC Section 2-316: Specific provisions for exclusion or modification of warranties, crucial for 'as is' sales

UCC Section 2-313: Provisions governing express warranties and how they are created in sales transactions

UCC Section 2-314: Provisions regarding implied warranty of merchantability and its applicability

UCC Section 2-315: Provisions covering implied warranty of fitness for particular purpose

State Vehicle Transfer Laws: State-specific requirements for transferring vehicle ownership and registration

State Lemon Laws: State-specific consumer protection laws for defective vehicles, though less relevant for 'as is' sales

State Disclosure Requirements: State-mandated disclosures about vehicle condition, history, and known defects

Title Transfer Requirements: State-specific procedures and documentation needed for transferring vehicle title

Consumer Protection Statutes: State and federal laws protecting consumer rights in vehicle transactions

Odometer Disclosure Requirements: Federal and state requirements for accurate disclosure of vehicle mileage

Notarization Requirements: State-specific rules regarding whether vehicle sale documents need to be notarized

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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