Document background
The As Is Sale Contract is essential for transactions in Indonesia where assets are sold in their existing condition without warranties beyond statutory requirements. This document type is particularly relevant when selling used equipment, second-hand goods, or assets where the seller wishes to limit future liability for the condition of the item sold. The contract must carefully balance the seller's desire to limit warranties with Indonesian consumer protection requirements, making it compliant with both the Civil Code (KUHPerdata) and Law No. 8 of 1999 on Consumer Protection. It includes detailed provisions for buyer inspection rights, explicit acknowledgments of the asset's condition, and clear documentation of any known defects, while maintaining the fundamental "as is" nature of the transaction.
