as is

as is, adv. & adj. In the existing condition without modification (the customer bought the car as is). • Under UCC § 2-316(3)(a), a seller can disclaim all implied warranties by stating that the goods are being sold “as is” or “with all faults.” Generally, a sale of property “as is” means that the property is sold in its existing condition, and use of the phrase as is relieves the seller from liability for defects in that condition. — Also termed with all faults. [Cases: Contracts 205.30; Sales 267. C.J.S. Contracts § 359; Sales §§ 238, 263–270.]

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词条贡献者

双语律师Virginia，国内知名法学院民商法专业，擅长翻译各类与公司与并购相关的法律文件。