All Countries
Real Estate
As Is Where Is Sale Agreement

As Is Where Is Sale Agreement Template for Philippines

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your As Is Where Is Sale Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

As Is Where Is Sale Agreement

"I need an As Is Where Is Sale Agreement under Philippine law for the sale of used manufacturing equipment (three industrial printing machines) from my company to a local buyer, with delivery scheduled for March 2025 and payment to be made in two installments."

Celebrated by
Collaborations with
Investors
Document background
The As Is Where Is Sale Agreement is a specialized contract used in the Philippines when selling assets where the buyer agrees to purchase them in their existing condition, without standard warranties or representations from the seller. This document type is particularly relevant for sales of used equipment, distressed assets, foreclosed properties, or any situation where the seller wishes to limit their liability regarding the asset's condition. The agreement must comply with Philippine Civil Code requirements while incorporating specific provisions that protect the seller from future claims regarding asset condition or performance. It's commonly used in both commercial and private transactions, requiring careful documentation of the asset's current state and explicit acknowledgment from the buyer regarding their acceptance of any existing defects or issues.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with complete details including addresses and registration information if applicable

2. Background: Context of the sale and brief description of the asset being sold

3. Definitions: Definitions of key terms used throughout the agreement

4. Subject Matter of Sale: Detailed description of the asset(s) being sold in their current condition

5. Purchase Price and Payment Terms: Agreed price and detailed payment arrangements including method and timing

6. 'As Is Where Is' Provisions: Explicit statements regarding the as-is nature of the sale and buyer's acceptance of the current condition

7. Buyer's Acknowledgments: Buyer's confirmation of inspection and acceptance of the asset's condition

8. Disclaimer of Warranties: Express disclaimer of all warranties except title

9. Transfer of Title and Risk: Terms regarding when and how title and risk transfer to the buyer

10. Closing and Delivery: Details of the closing process and delivery arrangements

11. Taxes and Expenses: Allocation of taxes, transfer costs, and other expenses

12. Representations and Warranties: Limited representations mainly focusing on seller's authority to sell and title

13. Governing Law: Specification of Philippine law as governing law

14. Dispute Resolution: Process for resolving any disputes arising from the agreement

15. Execution: Signature blocks and execution details

Optional Sections

1. Due Diligence: Details of any due diligence period - include if buyer requires time for investigation before final commitment

2. Conditions Precedent: Any conditions that must be met before closing - include if there are specific requirements before sale completion

3. Environmental Matters: Special provisions regarding environmental conditions - include for real estate or industrial equipment sales

4. Broker's Commission: Details of any broker involvement and commission - include if brokers are involved

5. Post-Closing Obligations: Any continuing obligations after closing - include if relevant to the specific transaction

6. Insurance: Insurance requirements during transition - include for high-value assets or extended delivery periods

7. Confidentiality: Confidentiality provisions - include for business asset sales or sensitive transactions

Suggested Schedules

1. Schedule A - Asset Description: Detailed description of the asset(s) including current condition, defects, and specifications

2. Schedule B - Photographs: Current photographs documenting the condition of the asset

3. Schedule C - Inspection Report: Any existing inspection reports or condition assessments

4. Schedule D - Title Documents: Copies of relevant title documents or ownership proof

5. Schedule E - Delivery Protocol: Specific procedures for asset handover and acceptance

6. Schedule F - Known Defects: List of known issues or defects with the asset

7. Appendix 1 - Required Permits: List of permits required for transfer or operation of the asset

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Identification of Parties
Recitals
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Asset Description
As Is Where Is Provision
Condition Acknowledgment
Warranty Disclaimer
Title Transfer
Risk Transfer
Inspection Rights
Due Diligence
Delivery
Representations and Warranties
Seller's Obligations
Buyer's Obligations
Default
Indemnification
Force Majeure
Assignment
Notices
Amendments
Severability
Entire Agreement
Governing Law
Dispute Resolution
Costs and Taxes
Confidentiality
Further Assurance
Counterparts
Language
Time of Essence
Survival
Relevant Industries

Real Estate

Manufacturing

Industrial Equipment

Automotive

Construction

Mining

Agriculture

Shipping and Maritime

Aviation

Retail

Hospitality

Technology and Electronics

Heavy Machinery

Transportation

Warehousing and Logistics

Relevant Teams

Legal

Procurement

Sales

Finance

Operations

Risk Management

Compliance

Property Management

Asset Management

Business Development

Contract Administration

Facilities Management

Relevant Roles

Legal Counsel

Corporate Lawyer

Property Manager

Asset Manager

Procurement Manager

Sales Manager

Business Development Manager

Real Estate Agent

Equipment Broker

Facility Manager

Operations Manager

Chief Financial Officer

Risk Manager

Compliance Officer

Contract Administrator

Property Developer

Asset Disposal Officer

Investment Manager

Industries
Civil Code of the Philippines (Republic Act No. 386): Primary law governing contracts and sales in the Philippines, particularly Book IV on Obligations and Contracts, and Book V on specific contracts including sales
Consumer Act of the Philippines (Republic Act No. 7394): Regulates sales transactions and consumer protection, including provisions on warranties and consumer rights, even in as-is sales
National Internal Revenue Code: Governs the tax implications and requirements for sales transactions, including documentary stamp tax and value-added tax considerations
Electronic Commerce Act (Republic Act No. 8792): Relevant if the sale agreement is to be executed electronically or if any part of the transaction is conducted through electronic means
Bulk Sales Law (Act No. 3952): May be relevant if the sale involves business merchandise or inventory sold in bulk
Local Government Code (Republic Act No. 7160): Important for considering local permits, taxes, and regulations that might affect the sale transaction
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

Find the exact document you need

Addendum In (Real Estate)

A legal document under Philippine law that modifies or amends an existing real estate agreement, ensuring compliance with local property laws and regulations.

find out more

Sales Agreement Contract Form

A legally binding sales agreement template compliant with Philippine law, establishing terms and conditions for commercial transactions between parties.

find out more

Realtor Offer To Purchase Form

A Philippine-compliant legal document presenting a formal offer to purchase real property, including essential terms and conditions of the proposed transaction.

find out more

Agreement To Sale And Agreement For Sale

A Philippine law-governed document combining a promise to sell and final sale agreement for property transactions.

find out more

Agreement For Property Sale

A legal contract under Philippine law documenting the terms and conditions for the transfer of real property ownership from seller to buyer.

find out more

Second Hand Mobile Sale Agreement

A Philippine law-compliant agreement for the sale of second-hand mobile devices, ensuring legal transfer of ownership while protecting both buyer and seller interests.

find out more

Home Buying Contract

A Philippine law-governed contract for the sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.

find out more

Real Estate Contract Assignment Form

A legal document under Philippine law that transfers rights and obligations of an existing real estate contract from one party to another, with necessary provisions for consent and registration.

find out more

Property Buyer Seller Agreement

A legally binding agreement under Philippine law for the sale and purchase of real property, outlining terms, conditions, and obligations of both seller and buyer.

find out more

Waiver Agreement Of Purchase And Sale

A Philippine law-governed agreement that releases parties from specific obligations or rights in a previous purchase and sale transaction.

find out more

Vessel Purchase And Sale Agreement

A Philippine law-governed agreement for the sale and purchase of vessels, ensuring compliant transfer of vessel ownership and registration.

find out more

Purchase And Sell Agreement

A legal document under Philippine law that governs the sale and transfer of property or goods between a seller and buyer, outlining terms, conditions, and obligations.

find out more

Owner To Owner House Sale Contract

A Philippine law-governed contract for the direct sale of residential property between private owners, documenting terms, conditions, and requirements for property transfer.

find out more

Land Sales Agreement

A legally binding agreement under Philippine law for the sale and transfer of land ownership, detailing property specifics, price, and transaction terms.

find out more

Conditional Sale And Purchase Agreement

A Philippine law-governed agreement establishing terms for a sale where ownership transfer is conditional upon specific requirements, typically full payment in installments.

find out more

Instalment Sale Agreement For Motor Vehicle

A Philippine law-governed agreement for the sale of motor vehicles through installment payments, incorporating local regulatory requirements and consumer protections.

find out more

Horse Purchase Contract With Payments

A Philippine law-governed contract for horse purchase with installment payments, including ownership transfer terms and care requirements.

find out more

Sale Of LLC Membership Interest Agreement

Agreement for the sale and transfer of LLC membership interests, structured under Philippine law, detailing terms, conditions, and compliance requirements for the transaction.

find out more

As Is Where Is Sale Agreement

A Philippine law-governed agreement for the sale of assets in their current condition, with limited seller warranties and explicit buyer acceptance of the asset state.

find out more

Sale And Purchase Agreement Spa

A Philippine law-governed agreement documenting the terms and conditions for the transfer of assets, property, or shares from seller to buyer.

find out more

Promissory Note Sale Agreement

A Philippine law-governed agreement for the sale and transfer of a promissory note between parties, ensuring compliance with local financial regulations and protecting both parties' interests.

find out more

Gold Sale Agreement

A contract governing gold sale transactions in the Philippines, compliant with BSP regulations and Philippine law requirements.

find out more

Home Sales Agreement

A legally binding agreement under Philippine law that documents the terms and conditions for the sale and transfer of residential property ownership between parties.

find out more

Agreement Of Purchase And Sale Condominium Resale

A legally binding agreement under Philippine law for the sale and purchase of a pre-owned condominium unit, detailing all terms and conditions of the property transfer.

find out more

Mineral Rights Purchase And Sale Agreement

A Philippine law-governed agreement for the transfer of mineral rights between parties, compliant with the Mining Act of 1995 and related regulations.

find out more

Car Sale Agreement As Is

A Philippine-jurisdiction agreement for the sale of a used vehicle in 'as is' condition, without warranties or guarantees.

find out more

Real Estate Simple Letter Of Intent To Sell Property

A preliminary document under Philippine law outlining the basic terms and conditions for a proposed property sale, serving as a precursor to a formal Sale and Purchase Agreement.

find out more

Hotel Purchase Agreement

A legal agreement for hotel property acquisition in the Philippines, covering asset transfer, operational matters, and regulatory compliance under Philippine law.

find out more

Bike Sale Purchase Agreement

A legally compliant agreement for bike sales transactions in the Philippines, covering essential terms and conditions under Philippine law.

find out more

Assignment Of Purchase Contract

A Philippine law-governed document that transfers rights and obligations under an existing purchase contract from an Assignor to an Assignee.

find out more

Unconditional Sale And Purchase Agreement

A Philippine law-governed agreement for the unconditional and immediate transfer of property or assets from seller to buyer, with no conditions attached to the sale.

find out more

Mortgage Sales Agreement

A Philippine law-governed agreement combining property sale terms with mortgage financing arrangements, detailing property transfer and loan security conditions.

find out more

Membership Interest Sales Agreement

A Philippine law-governed agreement for the sale and transfer of membership interests in a Philippine company, detailing terms, warranties, and completion requirements.

find out more

Horse Purchase And Sale Agreement

A legally binding agreement for horse purchase and sale transactions in the Philippines, compliant with local livestock trading and civil law requirements.

find out more

Company Sales Agreement

A Philippine law-governed agreement establishing terms for B2B sales transactions, incorporating local legal requirements and commercial provisions.

find out more

Agreement Of Purchase And Sale Form For Private Sale

A Philippine law-governed agreement documenting the terms and conditions for private property sale transactions between parties.

find out more

Vehicle Sales Agreement With Payments

A Philippine law-compliant agreement for vehicle sales with structured payment terms, addressing ownership transfer, payment conditions, and security interests.

find out more

Sale Agreement For Home Loan

A Philippine law-governed agreement establishing terms and conditions for a home loan, including loan amount, interest rates, and security arrangements.

find out more

Gas Sales Agreement

A Philippine law-governed agreement for the sale and purchase of natural gas, addressing delivery, pricing, and operational requirements under local energy regulations.

find out more

Oil Purchase Agreement

Philippine-law governed agreement for oil product sale and purchase, compliant with RA 8479 and local regulations.

find out more

Domain Sale Agreement

A legally binding agreement for domain name transfer under Philippine law, outlining sale terms and transfer procedures.

find out more

Bulk Sales Agreement

A Philippine law-compliant agreement governing the bulk transfer of merchandise or inventory between businesses, incorporating creditor protection measures under the Bulk Sales Law.

find out more

Offer Agreement

A Philippine law-governed agreement setting out formal terms and conditions of an offer between parties, including offer details and acceptance mechanisms.

find out more

Motorcycle Selling Agreement

A legally-compliant agreement for motorcycle sales transactions in the Philippines, addressing essential terms, conditions, and regulatory requirements under Philippine law.

find out more

Form For Real Estate Purchase Agreement

A standardized agreement under Philippine law for the sale and purchase of real estate property, outlining terms, conditions, and obligations of both parties.

find out more

Assignment Purchase Agreement

A Philippine law-governed agreement for the transfer of rights or assets from an assignor to an assignee for consideration, including purchase terms and transfer mechanics.

find out more

Restaurant Asset Purchase Agreement

A Philippine law-governed agreement for the purchase and sale of restaurant business assets, including equipment, inventory, and associated intellectual property.

find out more

Volume Purchase Agreement

A Philippine law-governed agreement establishing terms for bulk purchasing arrangements, including volume commitments, pricing, and delivery terms.

find out more

Commercial Purchase Agreement

A Philippine law-governed agreement establishing terms and conditions for commercial purchase of goods between business entities.

find out more

Owner Financed Sales Contract

A Philippine law-compliant contract where the property seller provides direct financing to the buyer, combining elements of a sales agreement and financing arrangement.

find out more

Residential Purchase Agreement

A Philippine law-governed agreement for the sale and purchase of residential property, outlining terms, conditions, and obligations of both parties.

find out more

Addendum To Real Estate Purchase And Sale Agreement

A Philippine law-governed document that modifies specific terms of an existing Real Estate Purchase and Sale Agreement while maintaining other original terms.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.