Sold As Seen Contract Template for England and Wales

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Key Requirements PROMPT example:

Sold As Seen Contract

I need a Sold As Seen Contract for selling my used manufacturing equipment (a 2020 industrial printer) to another business for £25,000, with collection to be arranged by the buyer before March 2025.

Document background
A Sold As Seen Contract is essential when selling items where the seller wishes to limit their liability for the item's condition. Common in England and Wales for used goods sales, this contract type explicitly documents that the buyer accepts the item in its current state. The agreement includes detailed descriptions of the item, any known defects, and clear statements about the exclusion of warranties. While certain consumer protections cannot be contracted out of under English law, the 'sold as seen' basis helps manage expectations and reduce potential disputes. This contract is particularly useful for private sales, second-hand goods, and situations where the buyer has fully inspected the item before purchase.
Suggested Sections

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

2. Background: Brief context of the sale and acknowledgment of 'sold as seen' basis

3. Definitions: Key terms used in the agreement

4. Item Description: Detailed description of goods being sold including any known defects

5. Price and Payment: Purchase price and payment terms

6. Warranties and Representations: Express exclusion of warranties and confirmation of 'sold as seen' status

7. Transfer of Title: Terms regarding transfer of ownership

Optional Sections

1. Inspection Period: Optional section defining terms for buyer inspection before finalizing sale - used for high-value items or when buyer requests inspection

2. Collection/Delivery: Optional section specifying terms for item collection or delivery - used when transportation arrangements are needed

3. Condition Report: Optional section containing detailed report of item condition - used for valuable items or where specific defects need documenting

Suggested Schedules

1. Schedule 1 - Photographs: Visual documentation of item condition

2. Schedule 2 - Condition Report: Detailed description of item condition including defects

3. Schedule 3 - Service History: For vehicles or machinery, history of maintenance and repairs

Authors

Alex Denne

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

Industries

Consumer Rights Act 2015: Primary legislation for consumer protection. Even in 'sold as seen' contracts, basic requirements for goods to be as described still apply. Cannot be completely contracted out of in B2C transactions.

Sale of Goods Act 1979: Key legislation for B2B transactions. Defines implied terms about title, description, and quality. Section 14 specifically addresses satisfactory quality and fitness for purpose.

Misrepresentation Act 1967: Governs false statements that induce contracts. Liability for fraudulent misrepresentation cannot be excluded. Ensures accurate description of items being sold.

Unfair Contract Terms Act 1977: Restricts the ability to exclude certain liabilities in both B2B and B2C contracts. Applies a test of reasonableness for exclusion clauses.

Unfair Trading Regulations 2008: Prohibits misleading actions or omissions, particularly relevant for B2C transactions in the context of fair trading practices.

Essential Contract Components: Contract must clearly specify: B2B/B2C status, known defects, warranty exclusions (where legal), clear goods description, price and payment terms, and transfer of ownership terms.

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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