Step 1 – Save The As-Is Bill Of Sale To Properly Document Your Transaction “There are no warranties which extend beyond the description on the face hereof.” Common ‘ AS-IS‘ Transactionsĭownload: Adobe PDF, MS Word (.docx), OpenDocument (.odt) Under § 2-316 (Uniform Commercial Code), words can be added to limit the seller’s warranty in a transaction. “A clause in an agreement providing that the buyer accepts the item for sale in its presently existing condition without modification or repair.” After the transaction is complete and the bill of sale is signed, ownership and title will transfer to the buyer. No warranty or guarantee is made by the seller. An as-is bill of sale means a buyer is purchasing an item in its present condition with all faults, visible or not.
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