Terms
License and warranty.
License
ReaClassical and ReaEdit are free software: you can redistribute and modify them under the terms of the GNU General Public License as published by the Free Software Foundation, either version 3 of the License, or (at your option) any later version. The full text is in the LICENSE file of the source repository.
Some bundled components, such as plugins and tools written by others, carry their own licenses, which are stated in the manual and in the files themselves.
No warranty
ReaClassical is distributed in the hope that it will be useful, but without any warranty, without even the implied warranty of merchantability or fitness for a particular purpose. See the GNU General Public License for details. Keep backups of your recordings and projects.
REAPER
ReaClassical is built on REAPER, a separate product made by Cockos Incorporated, and does not include a license for it. Once the REAPER evaluation period ends you must buy a license from Cockos. REAPER is subject to Cockos's own license terms.
Your audio
The audio you create remains yours. No rights are claimed over your recordings, projects or masters.