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The As Is Car Sale Form is essential for private and commercial vehicle sales in Nigeria where the seller wishes to transfer ownership without providing warranties or guarantees. This document is particularly useful for used vehicle sales, fleet disposals, or situations where the vehicle's condition is clearly documented and accepted by the buyer in its current state. The form complies with Nigerian vehicle transfer regulations and includes necessary provisions for ownership transfer, vehicle identification, condition disclosure, and buyer acknowledgment. It protects both parties by clearly documenting the transaction terms while explicitly stating the "as is" nature of the sale, preventing future disputes about vehicle condition or implied warranties.

1. Parties: Identification of the seller and buyer with full legal names, addresses, and contact information

2. Background: Brief context of the sale transaction

3. Definitions: Key terms used in the agreement including 'As Is', 'Vehicle', 'Purchase Price'

4. Vehicle Description: Detailed description of the vehicle including make, model, year, VIN, color, mileage, and current condition

5. Purchase Price and Payment: Agreed purchase price and payment terms

6. As Is Condition and Disclaimer: Clear statement that the vehicle is sold 'as is' with no warranties or guarantees

7. Transfer of Ownership: Terms of ownership transfer and required documentation

8. Seller's Representations: Basic representations about vehicle ownership and authority to sell

9. Buyer's Acknowledgments: Buyer's confirmation of understanding the 'as is' nature and inspection rights

10. Completion of Sale: Process for completing the transaction and transferring possession

11. Governing Law: Specification that Nigerian law governs the agreement

12. Signatures: Execution block for both parties