While a bill of sale can include specific warranties, it usually does not include specific assurances or promises about the item being sold. Instead, a bill of sale typically includes an "as-is" provision. This is important because it limits the seller's future liability. The "as-is" language means that there is no warranty included and that the buyer agrees to accept the item in its current condition, whether or not faults are readily apparent.
A bill of sale may also include a statement that the seller warrants that there are no liens or other encumbrances on the property being sold and that the seller actually has proper title and the legal authority to enter into the sales transaction.
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