Document background
The As Is Bill of Sale is a crucial document in Austrian commercial and private transactions where items are sold in their current condition without warranties or guarantees. It serves as official documentation of ownership transfer and is commonly used for second-hand items, equipment, vehicles, or other assets where the seller wishes to limit their liability for the item's condition. Under Austrian law, while the document can limit warranties, it must still comply with the Austrian Civil Code (ABGB) and cannot completely exclude liability for intentionally concealed defects or fraud. The document is particularly useful in business liquidations, private sales, and asset disposals where transparency about the item's condition is essential. When used in business-to-consumer transactions, the "As Is" provisions must be clearly communicated and comply with consumer protection regulations.
