If I want to sell a TV at my garage sale, under the statute of frauds does this need to be in writing?

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If I want to sell a TV at my garage sale, under the statute of frauds does this need to be in writing?

70″ flat screen; $600. 

Asked on March 30, 2011 under Business Law, Illinois

Answers:

MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 10 years ago | Contributor

If you sell a television at a garage sale, it is usually as is and usually the practice and pattern is that no contract is needed if the item is worth under $500.00.  If you plan on selling a television for over $500.00 and you plan on selling it without a warranty, you better make sure you do sign and get a signature from the buyer that it is being sold "as is" and without a guarantee or warranty. Since the price you show is what you plan in selling it for, be prepared to have an agreement unless of course the price winds up being negotiated down to below $500.00. The writing will help protect you and of course will help weed out the serious from the not so serious buyers, as well.


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