Maxim 5.5.2
Let the seller beware.
Caveat venditor.
Source: Lofft. 328; Hargous v. Stone, 5 N.Y. 73, 82; Weisman, 13p
Difficulty 1/5 — Foundational
Explanation
The seller is equally bound to deal honestly — misrepresentation or concealment of defects lies at the seller's door.
Where this applies
- I sold a product knowing it had a defect and didn't tell the buyer.
- A home seller covered up a mold problem before the sale.
Legal domains
See also
Cite this maxim
NeCede Max. 5.5.2 — Let the seller beware. — Lofft. 328; Hargous v. Stone, 5 N.Y. 73, 82; Weisman, 13p (Caveat venditor.)
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