Caveat emptor

Caveat emptor
Let the buyer beware; a maxim of the common law expressing the rule that the buyer purchases at his peril. Implied warranties in the sale of personal property are exceptions to the rule thus expressed. 46 Am J1st Sales § 337. The maxim is applicable to sales of real estate in respect of conditions of the premises open to observation. 55 Am J1st V & P § 79. The doctrine of the maxim applies in its utmost vigor and strictness to judicial sales, so that the purchaser takes upon himself the risk of finding outstanding rights that could have been asserted against the parties to the proceedings and which necessarily affect the title conveyed to him. 30A Am J Rev ed Jud S § 180.

Ballentine's law dictionary. . 1998.

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  • caveat emptor — caveat emp·tor / emp tər, ˌtȯr/ n [New Latin, may the buyer beware]: a principle in commercial transactions: without a warranty the buyer takes the risk as to the condition of the property or goods compare products liability at liability 2b,… …   Law dictionary

  • Caveat Emptor — est une expression latine signifiant « que l acheteur soit vigilant ». Dans certaines juridictions, l acheteur n avait aucune garantie sur la qualité des produits. Aujourd hui, les lois de plusieurs pays exigent que le produit respecte… …   Wikipédia en Français

  • Caveat emptor — Caveat Ca ve*at, n. [L. caved let him beware, pres. subj. of cavere to be on one s guard to, beware.] [1913 Webster] 1. (Law) A notice given by an interested party to some officer not to do a certain act until the party is heard in opposition; as …   The Collaborative International Dictionary of English

  • Caveat emptor — est une expression latine signifiant « que l acheteur soit vigilant ». Dans certaines juridictions, l acheteur n avait aucune garantie sur la qualité des produits. Aujourd hui, les lois de plusieurs pays exigent que le produit respecte… …   Wikipédia en Français

  • caveat emptor — Latin, lit. let the buyer beware; see CAVEAT (Cf. caveat) and EXEMPT (Cf. exempt) (adj.) …   Etymology dictionary

  • Caveat emptor — ist lateinisch für ‚Der Käufer muss Acht geben‘, auch ‚Der Käufer möge sich hüten‘. Vor der gesetzlichen Verankerung der Gewährleistung im modernen Zivilrecht hatte ein Käufer gewöhnlich keinerlei Garantie für die Qualität der Ware, wenn er nicht …   Deutsch Wikipedia

  • caveat emptor — Let the buyer beware. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • caveat emptor — [emp′tôr΄] [L] let the buyer beware (i.e., one buys at one s own risk) …   English World dictionary

  • Caveat emptor — Buyer Beware redirects here. For the Irish television show, see Buyer Beware!. Caveat emptor (  /ˌkæ …   Wikipedia

  • caveat emptor — let the buyer beware. The condition of sale is that the purchase is at the buyer s risk. Glossary of Business Terms Latin expressions for buyer beware and seller beware, which warn of overly risky, inadequately protected markets. Bloomberg… …   Financial and business terms

  • caveat emptor — /kav ee aht emp tawr, at , kah vee , kay /; Lat. /kah we aht emp tohrdd/. let the buyer beware: the principle that the seller of a product cannot be held responsible for its quality unless it is guaranteed in a warranty. [1515 25; < L] * * * ▪… …   Universalium

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