as is clause
- A provision in a contract stating that the purchaser agrees to accept the goods or property in their current state at the time of sale, without any alterations or repairs
- The car dealer included an as is clause in the contract, leaving no room for future disputes about the car's condition.
- Before buying an old residence, ensure you check for an as is clause in the contract to avoid unforeseen problems.
- The as is clause in the contract implies that the buyer cannot seek any redress if they discover defects after the sale.