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As Is Bill Of Sale Template for Singapore

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Key Requirements PROMPT example:

As Is Bill Of Sale

"I need an As Is Bill of Sale for selling my used manufacturing equipment to another company in Singapore, with specific mention of known mechanical defects and a deferred payment arrangement for March 2025."

Document background
An As Is Bill of Sale is commonly used in Singapore when transferring ownership of personal property where the seller wishes to limit their liability and the buyer agrees to accept the item in its current condition. This document, governed by Singapore law including the Sale of Goods Act, provides clear documentation of the transfer and explicitly states that no warranties or guarantees are provided. It's particularly useful for private sales, second-hand items, or situations where the condition of the item may not be perfect but is accepted by the buyer.
Suggested Sections

1. Parties: Identification of seller and buyer with full legal names and addresses

2. Description of Property: Detailed description of item(s) being sold including condition, identifying features

3. Purchase Price: Agreed amount and payment terms

4. As Is Declaration: Statement confirming sale in current condition without warranties

5. Transfer of Title: Clear statement of ownership transfer

6. Signatures: Execution block with date and signatures

Optional Sections

1. Witness Statement: Used when additional verification of transaction is desired

2. Payment Schedule: Include if payment is not made in full at time of sale

3. Known Defects: List of known issues with property, recommended for transparency

4. Delivery Terms: Include if delivery arrangements are part of the sale

Suggested Schedules

1. Photographs: Visual documentation of item condition at time of sale

2. Inspection Report: If professional inspection was conducted

3. Original Documentation: Previous ownership papers, maintenance records, etc.

4. Certificate of Title: For vehicles or significant property items

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses




















Industries

Sale of Goods Act (SOGA) (Cap. 393): Primary legislation governing goods transfer, including transfer of title and ownership, conditions and warranties in sale contracts. Ensures 'as is' clauses comply with basic statutory requirements.

Contract Law (Common Law): Fundamental principles governing contract formation, consideration requirements, and terms and conditions in Singapore's common law system.

Misrepresentation Act (Cap. 390): Governs duty of disclosure and misrepresentation, requiring truthful representation of known facts even in 'as is' sales and disclosure of known defects.

Consumer Protection (Fair Trading) Act (CPFTA): Provides consumer protection framework and regulates unfair practices, applicable even in 'as is' sales scenarios.

Personal Data Protection Act 2012 (PDPA): Regulates collection and use of personal data in transactions, including requirements for handling personal information in sale documents.

Stamp Duties Act: Specifies requirements for stamp duty on property transfers and related documentation requirements for certain types of sales.

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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