These ASSETS are being sold âAS ISâ and the seller will not be held liable for whatever fault you may notice after that. No Refunds. âAs isâ means that the seller is selling, and the buyer is buying an item in whatever condition it presently exists and that the buyer is accepting the item âwith all faultsâ, whether or not immediately apparent. If you do not agree to the above rules, please do not participate. By participating, you are bound by the above guidelines and rules of sales.