Caveat emptor

Post date: Mar 22, 2011 9:20:45 AM

Óvakodjék (vigyázzon) a vevő! A vásárlás a vevő kockázata, nem számíthat jótállásra.

Caveat emptor is Latin for "Let the buyer beware". Generally, caveat emptor is the property law doctrine that controls the sale of real property after the date of closing. Under the doctrine of caveat emptor, the buyer could not recover 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.