noun
as is; in its present state; in its present condition
Formal term used in contracts, real estate, and legal documents to indicate that something is accepted or transferred without any changes or improvements.
物件は現状有姿で引き渡されます。
The property will be delivered as is.
契約書には「現状有姿」と明記されていた。
The contract clearly stated 'as is'.
Compound of 現状 (present state) and 有姿 (existing form). The exact historical derivation is uncertain; it is a technical term used in legal and real estate contexts.