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For Sale As Is Contract for Singapore

For Sale As Is Contract Template for Singapore

A For Sale As Is Contract under Singapore law is a legally binding agreement that facilitates the sale of goods in their current condition, with the buyer accepting all existing defects and imperfections. This contract explicitly limits the seller's liability by excluding implied warranties and clearly stating that the goods are sold 'as seen.' The document is governed by Singapore's Sale of Goods Act and includes specific provisions protecting both parties while clearly establishing the 'as is' nature of the transaction.

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For Sale As Is Contract

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What is a For Sale As Is Contract?

The For Sale As Is Contract is utilized when selling goods where the seller wishes to limit their liability and the buyer agrees to accept items in their current condition. This document is particularly relevant in Singapore's commercial context, where it must comply with the Sale of Goods Act and related legislation. The contract typically includes detailed descriptions of the goods' condition, explicit 'as is' disclaimers, and clear terms regarding the transfer of ownership. It's commonly used for second-hand goods, clearance items, or situations where the seller cannot or does not wish to provide warranties beyond the basic guarantee of title.

What sections should be included in a For Sale As Is Contract?

1. Parties: Identification and details of seller and buyer

2. Background: Context of the sale and brief description of the goods

3. Definitions: Key terms used throughout the agreement

4. Description of Goods: Detailed description of items being sold 'as is'

5. Price and Payment Terms: Purchase price, payment method, and timing

6. As Is Provisions: Clear statement that goods are sold in current condition without warranties

7. Transfer of Title: Terms of ownership transfer and risk

What sections are optional to include in a For Sale As Is Contract?

1. Inspection Period: Used when buyer is given time to inspect goods before finalizing sale

2. Delivery Terms: Include when seller is responsible for delivery arrangements

3. Return Policy: Include if any limited return rights are offered despite 'as is' nature

4. Dispute Resolution: Include for high-value transactions or complex goods

What schedules should be included in a For Sale As Is Contract?

1. Schedule 1: Detailed Inventory: Itemized list of goods with conditions and known defects

2. Schedule 2: Photographs: Visual documentation of goods' condition at time of sale

3. Schedule 3: Maintenance Records: If applicable, history of repairs and maintenance

Authors

Alex Denne

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

Jurisdiction

Singapore

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use
Relevant legal definitions




















Clauses




















Industries

Sale of Goods Act (SOGA): Primary legislation governing sale of goods in Singapore, particularly relevant for 'as is' sales, conditions and warranties, and exclusion of implied terms

Misrepresentation Act: Governs false statements made during contract formation and remedies available for misrepresentation

Unfair Contract Terms Act (UCTA): Regulates the extent to which civil liability for breach of contract can be avoided through contract terms

Consumer Protection (Fair Trading) Act: Protects consumer interests in transactions and provides regulations against unfair practices

Disclosure Requirements: Legal obligation to disclose known material defects and understanding the limitations of 'as is' disclaimers

Limitation of Liability: Provisions regarding the extent to which liability can be excluded and the reasonableness test under UCTA

Title and Ownership Provisions: Legal requirements for clear statement of ownership transfer and ensuring property is free from encumbrances

Payment Terms Requirements: Legal framework for specifying price, payment method, conditions, and timing in the contract

Delivery Terms Requirements: Legal considerations regarding responsibility for delivery and the point of risk transfer

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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