Definitions for "AS-IS"
A term to identify the condition of sale for a specific auction or a specific lot. This terms identifies that the auctioneer is not guaranteeing the condition of an object.
The existing condition of real estate, prior to any improvements contemplated under a lease.
Referring to a used vehicle, it is a vehicle that is offered without any form of guarantee or warranty.
The current state of affairs; processes or structures mapped out as they are.
Value of a property based on its current condition.
High-level overview of the current NIST Financial Management System.
The value of a property based on its present condition.
In the present condition. To advertise a property “for sale as is” informs potential buyers that the seller will not correct any defects, visible or not. This does not release the seller from disclosing defects. see Seller's Real Property Disclosure Form"