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.
Peter A. Moustakis is the founder of Moustakis Law LLC
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