Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,155,542 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

caveat emptor
(redirected from Let the buyer beware)

   Also found in: Dictionary/thesaurus, Legal, Idioms, Wikipedia 0.01 sec.
Caveat Emptor
Latin for "let the buyer beware." It is used in many transactions to indicate that all sales are final and all due diligence is the sole responsibility of the buyer. The phrase is especially common in real estate.

caveat emptor

Means “buyer beware.” The legal doctrine followed in some states that sellers of real property are not required to disclose any defects except those inherently dangerous and not easily discoverable by the purchaser.Contrast with seller disclosure states that affirmatively mandate written disclosure of a wide variety of named deficiencies,plus anything else that might be deemed a property defect.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
However, as the old caveat goes: Let the buyer beware.
Whether it's a firm buying derivatives, a borrower agreeing to a loan, or an insurer guaranteeing against risk, let the buyer beware.
There is a very popular saying in Latin "Caveat Emptor" Let the buyer beware - no bogus university will say that it is bogus , it is up to the buyer to do a bit of homework before making the purchase.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.