Ƶ

As Is Where Is Sale Agreement for Australia

As Is Where Is Sale Agreement Template for Australia

An As Is Where Is Sale Agreement governed by Australian law that facilitates the sale of assets or property in their current condition, with limited or no warranties from the seller. This agreement explicitly transfers the risk regarding the condition and functionality of the asset to the buyer, who acknowledges they have inspected or had the opportunity to inspect the asset and accept it in its current state. The document incorporates relevant Australian consumer law provisions while maximizing permissible liability limitations under the Competition and Consumer Act 2010 and state-specific sale of goods legislation.

Your data doesn't train Genie's AI

You keep IP ownership of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
As Is Where Is Sale Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a As Is Where Is Sale Agreement?

The As Is Where Is Sale Agreement is commonly used in Australian commercial transactions where assets are sold without traditional warranties or representations about their condition or functionality. This type of agreement is particularly relevant in distressed asset sales, liquidations, secondary market transactions, or situations where the seller cannot or will not provide assurances about the asset's condition. The agreement typically includes detailed provisions about the asset's current state, buyer acknowledgments of inspection opportunities, explicit warranty limitations, and risk transfer provisions. It must be carefully drafted to comply with Australian consumer law while maintaining maximum protection for the seller. This document type is especially common in commercial and industrial asset sales, property transactions, and insolvency scenarios.

What sections should be included in a As Is Where Is Sale Agreement?

1. Parties: Identification and details of the seller and buyer

2. Background: Context of the sale and brief description of the property/goods being sold

3. Definitions: Key terms used throughout the agreement

4. Sale and Purchase: Core agreement to sell and purchase, including the 'as is where is' nature

5. Purchase Price and Payment: Amount and payment terms

6. Property/Goods Description: Brief description with reference to detailed schedule

7. As Is Where Is Provisions: Explicit statements about the condition of sale and warranty limitations

8. Buyer Acknowledgments: Buyer's confirmation of understanding the 'as is' nature and inspection of the property/goods

9. Risk and Title: Transfer of risk and ownership provisions

10. Completion/Settlement: Process and requirements for completing the sale

11. Default and Termination: Consequences of breach and termination rights

12. General Provisions: Standard boilerplate clauses including governing law, notices, etc.

13. Execution: Signature blocks and execution details

What sections are optional to include in a As Is Where Is Sale Agreement?

1. Inspection Period: Used when buyer is given a specific period to inspect the property/goods before completion

2. Regulatory Compliance: Include when specific regulatory requirements apply to the sale

3. Third Party Rights: Include when there are existing third party rights or interests to address

4. Environmental Matters: Include for real property or goods where environmental issues may be relevant

5. Access and Removal: Include when specific arrangements are needed for accessing or removing goods

6. Intellectual Property: Include when the sale involves items with associated intellectual property rights

7. Confidentiality: Include when sensitive information is involved in the transaction

8. Insurance: Include when specific insurance requirements apply during transition period

What schedules should be included in a As Is Where Is Sale Agreement?

1. Schedule 1 - Property/Goods Description: Detailed description of all items being sold including condition, defects, etc.

2. Schedule 2 - Known Defects and Conditions: Comprehensive list of known issues, defects, or conditions

3. Schedule 3 - Payment Schedule: If payment is in installments or subject to conditions

4. Schedule 4 - Completion Checklist: List of items to be completed/checked before settlement

5. Schedule 5 - Required Forms: Any statutory or required forms for the transfer

6. Appendix A - Photographs/Plans: Visual documentation of the property/goods

7. Appendix B - Inspection Reports: Any existing inspection or condition reports

Authors

Alex Denne

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

Jurisdiction

Australia

Publisher

Ƶ

Sector

Cost

Free to use
Relevant legal definitions








































Clauses







































Relevant Industries

Manufacturing

Industrial Equipment

Real Estate

Construction

Mining

Agriculture

Transportation

Marine

Aviation

Automotive

Plant & Machinery

Waste Management

Asset Recovery

Insolvency & Restructuring

Auction Houses

Heavy Equipment

Relevant Teams

Legal

Procurement

Operations

Finance

Risk Management

Asset Management

Commercial

Property Management

Fleet Management

Sales

Business Development

Facilities Management

Relevant Roles

Chief Financial Officer

Commercial Director

Asset Manager

Procurement Manager

Operations Manager

Legal Counsel

Contract Manager

Risk Manager

Business Development Manager

Property Manager

Facilities Manager

Fleet Manager

Equipment Manager

Liquidator

Insolvency Practitioner

Sales Manager

Auction Manager

Industries







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

Sell By Owner Purchase Agreement

An Australian legal agreement for direct property sales between private sellers and buyers, without real estate agent involvement.

find out more

Purchaser And Seller Agreement

An Australian law-governed agreement defining terms and conditions for sale and purchase transactions between parties, including price, delivery, warranties, and obligations.

find out more

Sell Agreement Letter

An Australian jurisdiction document that formalizes sale transactions between parties, outlining key terms and conditions while ensuring legal compliance.

find out more

Sale Agreement Between Two Parties

An Australian-compliant agreement documenting the terms and conditions of a sale transaction between two parties, including price, delivery, and warranties.

find out more

Real Estate Contract Assignment Form

An Australian legal document that facilitates the transfer of rights and obligations under an existing property contract from one buyer to another, compliant with Australian property law.

find out more

Real Estate Land Purchase Agreement

An Australian law-governed agreement for the sale and purchase of real property, detailing terms, conditions, and obligations of the transaction.

find out more

Buy Sell Agreement For LLC

An Australian-law governed agreement that regulates the buying and selling of company shares between shareholders in a Proprietary Limited Company upon specified trigger events.

find out more

Simple Car Purchase Agreement

An Australian-compliant template for documenting vehicle sales transactions, suitable for both private and commercial vehicle transfers.

find out more

Property Buy Sell Agreement

An Australian legal agreement governing the sale and purchase of real property, outlining terms, conditions, and obligations of all parties involved in the transaction.

find out more

Aircraft Purchase And Sale Agreement

An Australian law-governed agreement for the sale and purchase of aircraft, detailing transfer terms, specifications, and regulatory compliance requirements.

find out more

Purchase Price Agreement

An Australian-law governed agreement setting out terms and conditions for purchase transactions, including price, payment terms, and completion requirements.

find out more

Contract For Selling A Car

An Australian-law governed agreement for the sale and purchase of a motor vehicle, ensuring compliance with federal and state regulations while protecting both parties' interests.

find out more

Vessel Purchase And Sale Agreement

An Australian law-governed agreement for the sale and purchase of a vessel, detailing terms, conditions, and transfer of ownership requirements.

find out more

Restaurant Sale Agreement

An Australian law-governed agreement for the sale and purchase of a restaurant business, including assets, licenses, and operational transfers.

find out more

Manufactured Home Purchase Agreement

An Australian law-governed agreement for the sale and purchase of a manufactured home, detailing transaction terms and regulatory compliance requirements.

find out more

Legal Sales Agreement

An Australian law-governed agreement that formalizes sales transactions, detailing terms, conditions, and obligations of both parties.

find out more

Land Sales Agreement

An Australian legal agreement documenting the terms and conditions for the sale and purchase of real property, compliant with state and federal property laws.

find out more

Land Buying Contract

An Australian law-governed contract for the sale and purchase of land, establishing terms, conditions, and obligations for property transfer between vendor and purchaser.

find out more

Horse Bill Of Sale Purchase Agreement

An Australian-compliant legal agreement documenting the sale and purchase of a horse, including ownership transfer and warranty terms.

find out more

For Sale By Owner Offer To Purchase Contract

An Australian legal contract for direct property sales between owner and buyer, without real estate agent involvement.

find out more

Conditional Sale And Purchase Agreement

An Australian law-governed agreement that sets out terms for a conditional sale and purchase transaction, where the sale completion is subject to specified conditions being met.

find out more

Confidentiality Agreement For Sale Of Business

An Australian-law governed confidentiality agreement protecting sensitive information during business sale processes.

find out more

New Construction Residential Purchase Agreement

An Australian legal agreement for the purchase of newly constructed residential properties, combining property purchase and construction specifications under Australian law.

find out more

Bill Of Sale Asset Purchase

An Australian legal document evidencing the sale and transfer of personal property assets from seller to buyer, compliant with federal and state legislation.

find out more

Agreement To Sell And Purchase

An Australian law-governed agreement that documents the terms and conditions for the sale and purchase of property, assets, or business interests.

find out more

Vacant Land Lot Purchase Contract

An Australian jurisdiction contract for the purchase and sale of vacant land, establishing terms and conditions for land ownership transfer while ensuring compliance with local property laws.

find out more

Second Hand Bike Purchase Agreement

An Australian legal agreement for the sale and purchase of a second-hand motorcycle, incorporating relevant consumer law provisions and vehicle transfer requirements.

find out more

Real Estate Bill Of Sale Contract

An Australian legal contract documenting the terms and conditions for the sale and purchase of real estate property, ensuring compliance with state and federal property laws.

find out more

As Is Where Is Sale Agreement

Australian-law governed agreement for the sale of assets in their current condition without warranties, where the buyer accepts all risks regarding the asset's condition.

find out more

Contract For Buying Land From Owner

An Australian law-governed agreement for the sale and purchase of land, detailing all essential terms and conditions of the property transfer.

find out more

No Home Sale Contract

An Australian legal agreement preventing real estate agents from purchasing properties they are engaged to sell, ensuring compliance with local property laws and ethical standards.

find out more

Business Purchase Term Sheet

An Australian-compliant preliminary document outlining key terms and conditions for a business purchase transaction, serving as a basis for the final purchase agreement.

find out more

Advance Agreement For Sale Of Land

An Australian legal document establishing the preliminary terms and conditions for a future property sale, including purchase price, deposit arrangements, and settlement conditions.

find out more

Private Land Purchase Agreement

An Australian legal agreement governing the sale and purchase of private land, detailing terms, conditions, and obligations of both parties.

find out more

Horse Sales Agreement With Payment Plan

An Australian-law governed agreement for horse sales with structured payment terms, including ownership transfer and maintenance obligations.

find out more

Promissory Note Purchase And Sale Agreement

An Australian law agreement governing the sale and purchase of promissory notes, including transfer terms and regulatory compliance requirements.

find out more

Agreement To Sell Real Estate Form

An Australian legal document that formalizes the sale and purchase of real estate property, complying with relevant state and federal property laws.

find out more

Purchase Agreement For Buying A Business

An Australian law-governed agreement for the sale and purchase of a business, covering all aspects of the transaction including assets, liabilities, and regulatory requirements.

find out more

Letter Of Agreement To Sell Property

An Australian legal document outlining the agreed terms between property seller and buyer, serving as a preliminary agreement before the formal contract of sale.

find out more

Commercial Agreement Of Purchase And Sale

An Australian law-governed agreement establishing terms and conditions for commercial sale transactions between businesses.

find out more
See more related templates

ұԾ’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; ұԾ’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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

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