11:44
that sucks :(
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Simple English definitions for legal terms
with all faults
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A quick definition of with all faults:
Term: WITH ALL FAULTS
Definition: When something is sold "with all faults," it means that it is being sold in the condition it is currently in, without any changes or fixes. This relieves the seller from any responsibility for any problems or defects that the item may have. It is similar to saying "as is."
A more thorough explanation:
Definition: With all faults means that the item being sold is being sold in its existing condition, and the seller is not responsible for any defects or problems with the item. This term is often used in legal contracts and sales agreements.
Example: If you buy a used car "with all faults," it means that the car is being sold in its current condition, and the seller is not responsible for any problems that may arise after the sale. For example, if the car breaks down a week after you buy it, the seller is not obligated to fix it or provide a refund.
Another example: If you buy a house "with all faults," it means that the house is being sold in its current condition, and the seller is not responsible for any problems that may arise after the sale. For example, if the roof starts leaking a month after you move in, the seller is not obligated to fix it or provide compensation.
These examples illustrate how the term "with all faults" can be used to protect sellers from liability for defects or problems with the items they are selling. It is important to carefully read and understand any contracts or sales agreements that include this term before making a purchase.