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ARTICLE · 13 MAY 2013

Buyers Beware When Purchasing A Home

When purchasing a home, the purchaser should be aware that the doctrine of "Caveat Emptor" or "let the buyer beware" generally applies to the sale of a property.

CanadaReal Estate and Construction

When purchasing a home, the purchaser should be aware that the doctrine of "Caveat Emptor" or "let the buyer beware" generally applies to the sale of a property. The purchaser has an obligation to inspect the property and to make inquiries to the vendor prior to the purchase and cannot complain afterwards about defects that could have been discovered.

After the sale, the purchaser must accept all defects which could have been discovered by a routine inspection. These are called patent defects. For this reason, it is wise, if not imperative, for a purchaser to have a house inspection as condition of purchasing a property and make inquiries of the vendor of possible defects.

Although the general rule is caveat emptor for patent defects, a vendor may be found liable for a patent defect if he or she is found to have taken steps to conceal the patent defect from the purchaser or taken steps to mislead the purchaser from making further inquiries. However, if the defect

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