adj. description of a condition in a sales contract in which the buyer agrees to
take the property (e. g. house, horse, auto, or appliance) without the right to
complain if it is faulty. However, the buyer must have had the right to reasonable
inspection, so that he/she has a chance to find any obvious deficiency. Intentionally
hiding a known defect will make a seller liable for fraud and serves to cancel the
"as is" provision.
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