What is the meaning of CAVEAT EMPTOR?

Latin, meaning "Let the Buyer beware". Maxim which applies to real estate transactions where the onus is on the Purchaser to satisfy herself as to the suitability and condition of the property she is considering for purchase. Vendor is not responsible to the Purchaser for the condition of the property and, unless he is specifically asked, does not generally have an obligation to reveal problems to the Purchaser (except where the defect is hidden, serious and could not be discovered by the Purchaser after reasonably prudent inquiries and investigations).

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APABarry Goldsmith. (2010). caveat emptor. Retrieved September 26, 2026, from http://smartdefine.org/caveat_emptor/definitions/1149646
ChicagoBarry Goldsmith. 2010. "caveat emptor" http://smartdefine.org/caveat_emptor/definitions/1149646 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, caveat emptor, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/caveat_emptor/definitions/1149646>.
MLABarry Goldsmith. "caveat emptor" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/caveat_emptor/definitions/1149646>
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