Document background
The As Is Sales Contract is a specialized agreement used in Pakistan when selling goods without warranties or representations about their condition. This document is particularly useful for transactions involving used equipment, surplus inventory, or items with known defects. It complies with Pakistani contract law, including the Contract Act 1872 and Sale of Goods Act 1930, while providing clear documentation of the parties' understanding that the goods are being sold in their current state. The contract includes essential provisions for protecting both seller and buyer, documenting the condition of goods, establishing payment terms, and transferring title. It's commonly used in commercial transactions where the buyer has inspected or has the opportunity to inspect the goods and agrees to accept them with any existing defects or issues.
