Often, horses are sold “as is”. The term “as is” refers to giving notice to buyers that they are taking ownership of the horse in its current condition along with all its potential problems and conditions. One purpose for an “as is” sale would be to ensure that once the sale is complete, the buyer will not go back to the seller and complain about an issue with the horse. Any expressed or implied warranties are usually excluded from an “as is” sale. So the take away is “buyer beware”, and that the buyer should know what he or she is getting into before the sale is finalized.
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AuthorPeter A. Moustakis is the founder of Moustakis Law LLC Archives
August 2020
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Please note that the information contained in this blog is not an exhaustive list of the matters pertaining to the discussion. Every person has a unique situation that must be tailored with the advice of an attorney after consultation. The material published on this blog is made available by the Moustakis Law LLC for informational purposes only and should not be considered legal advice. Before you make any decision that may have legal implications, you should consult with a qualified legal professional for specific legal advice tailored to your situation. Your visiting this blog does not establish an invitation to enter into, and does not create an attorney client-relationship. |