noun
as is; in its present state; in its present condition
Formal term used in legal, real estate, and business contexts to indicate that something is accepted or transferred without modification or repair. Often appears in contracts, property descriptions, and auction listings.
See also: 現状有姿
物件は現況有姿で引き渡されます。
The property will be delivered as is, in its present condition.
現況有姿での売買にご了承ください。
Please understand that the sale is on an as-is basis.
Synonym with the same meaning; 現状有姿 is more common and uses 現状 (present situation) instead of 現況 (present condition). Both are used in legal and real estate contexts.
A four-character compound combining 現況 (present condition) and 有姿 (existing form). The exact historical derivation is uncertain, but it is a formal term used in modern legal and business documents.