as is clause

noun

: a clause in an agreement providing that the buyer accepts the item for sale in its presently existing condition without modification or repair

Note: Under Uniform Commercial Code section 2-316, an as is clause releases the seller from responsibility for the quality of the item for sale.

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Cite this Entry

“As is clause.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/as%20is%20clause. Accessed 19 Nov. 2024.

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