What does ‘as is’ mean in a Sales Receipt?
‘As is’ means that an item is being sold in its current condition and the buyer accepts it with all its flaws.
With an ‘as is’ provision, the seller isn't liable for any imperfections or flaws in the item, provided they haven't hidden or lied about them. An ‘as is’ provision protects the seller from being held responsible for any item-related issues after the buyer pays and receives the item.
Our Sales Receipt template automatically includes a statement that the property is being sold in ‘as is’ condition, so you do not need to add this detail as an additional clause.
Generally, sellers don’t provide any warranties or guarantees in a Sales Receipt. To include warranties, use a Sales Agreement.