Property Law
Caveat Emptor
A principle meaning "let the buyer beware," under which a buyer is generally responsible for reasonably inspecting goods or property before purchase.
This traditional principle places the burden on buyers to inspect and satisfy themselves about what they are purchasing, though it has been significantly diluted over time by consumer protection law and specific statutory warranties that protect buyers from defects the seller knew or should have disclosed.
It remains most relevant where a seller made no specific representations and the defect was something a reasonably careful buyer could have discovered through inspection.
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