Sold as Seen Agreement

A sold as seen agreement, sometimes also referred to as a “buyer beware” agreement, is a legal contract that states that the buyer is purchasing an item in its current condition and is accepting any faults or defects that may be present. Such an agreement is often used in the sale of secondhand vehicles or property.

The purpose of a sold as seen agreement is to protect the seller from any liability that may arise if the buyer discovers any defects or faults after the sale is complete. It is essential that the buyer thoroughly inspects the item before signing the agreement to ensure that they are aware of any issues.

One important aspect to note is that a sold as seen agreement does not override consumer protection laws. If the seller intentionally withholds information about a significant defect or misrepresents the item, the buyer may still have grounds for legal action.

If you are selling an item and wish to include a sold as seen agreement, it is important to ensure that it is drafted by a legal professional to avoid any ambiguity or loopholes that may leave you vulnerable to legal action.

In conclusion, a sold as seen agreement can be a useful tool when selling secondhand items, particularly for high-value purchases such as vehicles or property. However, it is important to ensure that the agreement is written correctly and clearly to avoid any potential legal issues. As a buyer, it is also important to thoroughly inspect the item before signing the agreement to ensure that you are aware of any defects or faults.