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The As Is Where Is Deed of Sale is a specialized legal document used in Australian property transactions where the seller wishes to transfer property with minimal ongoing liability for its condition. This document is particularly useful in situations involving distressed sales, auction sales, properties requiring renovation, or where the seller has limited knowledge of the property's condition. The deed explicitly documents that the buyer has inspected the property and accepts it in its current state, with all existing defects and issues. It includes detailed provisions limiting the seller's warranties to basic matters such as title, while requiring the buyer to rely on their own investigations and due diligence. This type of deed is common in commercial property transactions and requires careful drafting to ensure compliance with Australian consumer protection laws while maintaining the 'as is' nature of the sale.

1. Parties: Identifies and defines all parties to the deed, including full legal names and addresses

2. Background: Contextual information about the sale, including the seller's ownership and intention to sell 'as is where is'

3. Definitions: Defines key terms used throughout the deed, including 'Property', 'Completion Date', 'Purchase Price', etc.

4. Sale and Purchase: Core agreement to sell and purchase the property in its current condition

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

6. Purchase Price: Details of the purchase price, payment terms, and method of payment

7. Completion: Requirements and procedures for completing the sale, including timing and location

8. Risk and Insurance: Transfer of risk provisions and insurance requirements until completion

9. Buyer Acknowledgments: Buyer's specific acknowledgments regarding property inspection and acceptance of condition

10. Seller's Limited Warranties: Any limited warranties provided by the seller, typically only regarding title

11. Default: Consequences of default by either party

12. Notices: Process for giving notices under the deed

13. General Provisions: Standard boilerplate provisions including governing law, entire agreement, etc.

14. Execution: Formal execution blocks for all parties