What does no warranty mean?
At its essence, the phrase means exactly what it implies. The vehicle to which the As Is - No Warranty sticker is affixed is offered for sale with all risk to be assumed by the buyer. The seller will not be held responsible for any problems or needed repairs after the sale.
Do the words sold as is usually exclude all warranties?
On the other hand, the phrase as is does not disclaim express warranties: these may, for example, be created by the sellers description of an item. In other words, though the item may be sold as is, nevertheless, if it for example does not conform to the sellers description of it, the buyer may void the sale.
Is a handwritten bill of sale OK?
Can a bill of sale be handwritten? While it is common to present a bill of sale in a digital format, you can also create a handwritten bill of sale. Whats most important is to include all of the pertinent details in the bill of sale in order to protect both parties.
What is the warranty bill of sale for aircraft?
Warranty Bill of Sale means the warranty (as to title) bill of sale covering the Aircraft, executed by the Manufacturer or an affiliate of the Manufacturer in favor of the Company and specifically referring to each Engine, as well as the Airframe, constituting a part of the Aircraft.
What is an as is condition clause?
What is An As-Is Clause? An As-Is clause is a type of contact clause used in a real estate agreement. Its effectively a disclaimer that tells the buyer they are purchasing a real estate property under their own judgment, and not based on the representation or statement of the seller.
What are the warranties of the seller?
The warranty assures the buyer that the good or service is free from defects, and it is a legally binding commitment. In the event that the product or service fails to meet the standards set out in the warranty, then the contract provides a specific remedy, such as a replacement or repair.
What language in a sales contract excludes all implied warranties?
It is common practice, therefore, for merchants to put, in conspicuous terms on their sales contracts, language such as SELLER hereby disclaims all warranties, express or implied, including the implied warranty of merchantability and any implied fitness for a particular purpose. While there are exceptions where such
How do I write a sales receipt for a used car?
Writing a bill of sale for a car The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.
Is a bill of sale required in Mississippi?
The Mississippi Motor Vehicle Title Act required a Bill of Sale as a supporting document when making application for Certificate of Title. Many dealers have been following a custom of providing an invoice to the buyer in lieu of a Bill of Sale.
What are the exclusions of warranties?
The Exclusions from Warranty clause will carve-out certain things from a partys warranty. A common example if for defects caused by the buyer, a third party, or otherwise not a result of the seller or developer.
