Introduction
This precedent is designed to disclose exceptions to warranties given under a business sale or asset sale agreement.
The document sets out matters known to the seller that are disclosed to the purchaser before completion, helping to limit the scope of warranty claims.
It includes provisions dealing with disclosure bundles, disclosed contracts, user databases, assets, licences, employees, and other material matters relevant to the transaction.
This precedent provides a practical framework for sellers and their advisers to manage disclosure risk and properly qualify warranty statements in a sale transaction.
This precedent is designed to disclose exceptions to warranties given under a business sale or asset sale agreement.
The document sets out matters known to the seller that are disclosed to the purchaser before completion, helping to limit the scope of warranty claims.
It includes provisions dealing with disclosure bundles, disclosed contracts, user databases, assets, licences, employees, and other material matters relevant to the transaction.
This precedent provides a practical framework for sellers and their advisers to manage disclosure risk and properly qualify warranty statements in a sale transaction.
Professionally Drafted Legal Precedent
Prepared by Australian legal professionals, this precedent provides a practical framework for use with the Contract for Sale and Purchase of Land 2026.
The document is fully editable in Microsoft Word and ready for immediate use.
At A Glance
What This Document Covers
• Disclosure of warranty exceptions
• Qualification of seller warranties
• Disclosure bundles and annexures
• Transaction risk management
Key Clauses Included
• Disclosure of material exceptions
• Reference to disclosure bundle
• Contracts, licences and assets disclosures
• Purchaser acknowledgement of receipt
Typical Use
• Business sale transactions
• Asset sale agreements
• Share sale support documents
• Limiting warranty exposure
Download Details
• Lawyer-drafted precedent
• Suitable for Australian use
• Fully editable Microsoft Word document
• Instant download available immediately after purchase
Drafted by Legal Professionals
Our precedents are prepared by Australian legal practitioners and reflect commonly used legal drafting standards.
Practical and Easy to Use
Each template provides a structured framework that can be adapted to suit the specific transaction or matter.
Instant Access
Download immediately after purchase and edit the document in Microsoft Word to suit your requirements.
Related Precedents
Also Known As
This document may also be referred to as:
• Disclosure letter
• Warranty disclosure letter
• Seller disclosure letter
• Disclosure statement for business sale
 Frequently Asked Questions
What is a disclosure statement?
A disclosure statement is a document used to disclose matters that qualify or limit warranties given in a business sale or commercial agreement.
When should this document be used?
This document should be used when a seller needs to disclose exceptions to warranties or material facts before completion of a transaction.
Why is a disclosure statement important?
It helps reduce the risk of future warranty claims by making the purchaser aware of relevant facts, documents, and exceptions before the deal is completed.
Can this document be customised?
Yes. This precedent is fully editable and can be tailored to reflect the transaction, disclosure bundle, and the specific warranties being qualified.
Disclosure Statement – Instant Download
• Lawyer-drafted transaction precedent
• Suitable for Australian legal use
• Fully editable Microsoft Word document
• Includes disclosure provisions for qualifying warranties in sale transactions
• Instant download available immediately after purchase
Used by lawyers, businesses and commercial operators across Australia.
Download This Precedent
Instant download. Fully editable Microsoft Word format. Includes practical drafting guidance.
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