Learnings ! : Caveat Emptor- Buyer Beware !

Caveat Emptor- Buyer Beware !

Caveat Emptor :

Under the principle of caveat emptor, the buyer could not recover damages from the seller for defects on the property that rendered the property unfit for ordinary purposes. The only exception was if the seller actively concealed latent defects or otherwise made material misrepresentations amounting to fraud.

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