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As Is Sale Contract
"I need an As Is Sale Contract for selling used manufacturing equipment to another business in New Zealand, with settlement scheduled for March 2025, including specific provisions for the buyer to arrange their own inspection and transportation."
1. Parties: Identification and details of the seller and purchaser
2. Background: Context of the sale and acknowledgment that the sale is on an 'as is' basis
3. Definitions: Key terms used in the agreement, including 'as is' definition
4. Sale and Purchase: Core agreement to sell and purchase the item(s) in their current condition
5. Price and Payment: Purchase price, payment terms, and method of payment
6. As Is Condition: Explicit statement that goods are sold in their current condition with all faults and defects
7. Disclaimer of Warranties: Express disclaimer of warranties and representations, subject to non-excludable statutory requirements
8. Inspection Acknowledgment: Buyer's acknowledgment of opportunity to inspect and acceptance of current condition
9. Risk and Title: Transfer of risk and title provisions
10. Delivery: Arrangements for collection or delivery of goods
11. Entire Agreement: Confirmation that the document represents the complete agreement between parties
12. Governing Law: Specification that New Zealand law governs the agreement
1. Condition Precedent: Used when the sale is subject to specific conditions being met before completion
2. Third Party Rights: Include when the goods may be subject to third party interests or rights
3. Insurance: Required when there's a gap between sale and collection/delivery requiring insurance coverage
4. Intellectual Property: Necessary when the sale includes items with associated intellectual property rights
5. Confidentiality: Include for sales involving sensitive or confidential information
6. Default and Termination: Added for more complex sales where specific default provisions are needed
7. Consumer Guarantees Act Acknowledgment: Required when selling to a business buyer to contract out of the Consumer Guarantees Act
8. GST Provisions: Include when either party is GST registered or when GST applies to the sale
1. Schedule 1 - Property Description: Detailed description of the goods being sold, including known defects and current condition
2. Schedule 2 - Purchase Price Breakdown: Itemized breakdown of the purchase price if multiple items or components are involved
3. Schedule 3 - Special Conditions: Any special terms or conditions specific to this sale
4. Schedule 4 - Delivery Details: Specific arrangements for delivery or collection, including timing and location
5. Schedule 5 - Known Defects: Comprehensive list of known defects or issues with the goods
6. Appendix A - Photographs: Photos documenting the current condition of the goods
7. Appendix B - Inspection Report: Any relevant inspection reports or condition assessments
Authors
As Is Condition
Business Day
Completion Date
Defects
Delivery
Delivery Date
Deposit
Effective Date
Encumbrances
Excluded Items
Existing Condition
GST
Inspection Period
Known Defects
Payment Terms
Purchase Price
Property
Purchaser
Related Documents
Seller
Settlement
Settlement Date
Specifications
Title
Transfer Documents
Warranties
Working Hours
Sale and Purchase
As Is Condition
Price and Payment
Deposit
Settlement
Warranties and Representations
Warranty Disclaimers
Inspection Rights
Risk and Insurance
Title Transfer
Delivery
GST
Default
Termination
Force Majeure
Assignment
Notices
Dispute Resolution
Governing Law
Counterparts
Severability
Entire Agreement
Further Assurance
Costs
Time of Essence
Relationship of Parties
Condition Precedent
Consumer Guarantees
Retail
Manufacturing
Automotive
Real Estate
Industrial Equipment
Agriculture
Marine
Construction
Technology
Machinery
Asset Management
Second-hand Goods
Heavy Equipment
Legal
Sales
Procurement
Operations
Commercial
Risk Management
Compliance
Asset Management
Property Management
Fleet Management
Legal Counsel
Contract Manager
Sales Manager
Procurement Manager
Business Development Manager
Asset Manager
Operations Manager
Commercial Manager
Risk Manager
Compliance Officer
Property Manager
Fleet Manager
Equipment Manager
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