“As is where is” is the same as “as is.” What you see and what you don’t see is what you get. In other words, you’re getting the property or space as it is today the day you sign the deal. In this day and age you can be an informed consumer and research the property or space yourself. You can also hire the proper professionals to help you with your investigation of the space or the property you’re interested in. This way with all your research in hand you can make an informed decision, and as is doesn’t have to be so scary.