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Terms and Conditions is a function that adds a tab with conditions that a customer should agree with in order to continue a purchase.
To set up Terms and Conditions, go to Stores -> Terms and Conditions.
Press Add New Condition.
Follow 8 steps:
Go to Stores > Configuration > (Sales) > Checkout
In Checkout options select “Yes” in the “Enable Terms and Conditions” tab.
If you selected these Terms and Conditions to be Applied automatically, this is how they will look on Front End:
After a customer clicks on “I agree to the following terms”, a window with Terms and Conditions description will pop up. A customer agrees to the terms and conditions by placing order.
If you select Applied Manually, then a customer will need to select a checkbox to place an order.
Check also: Magento Age Verification Page