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Generally, caveat emptor is the contract law principle that controls the sale of real property after the date of closing, but may also apply to sales of other goods. The phrase caveat emptor and its use as a disclaimer of warranties arises from the fact that buyers typically have less information than the seller about the good or service they ...
Caveat is Latin for "beware". [1] In Australian property law and other jurisdictions using the Torrens title system, a caveat is a warning that someone other than the owner claims some right over or nonregistered interest in the property .
Seixas v. Wood relies heavily on the English case of Chandelor v Lopus, and is the American counterpart to Chandelor in developing the rule "caveat emptor." Laidlaw v. Organ, an 1817 decision by Chief Justice John Marshall, is believed to have been the first U.S. Supreme Court case which laid down the rule of caveat e
Capacity (law) Carltona doctrine; Castle doctrine; Caveat emptor; Caveat venditor; Child migration; Clausula rebus sic stantibus; Clean hands; Collateral source rule; Command responsibility; Commanding precedent; Common employment; Comparative negligence; Condemned property; Consideration; Convention (political norm) Constitutional conventions ...
Legal principle that a person who is not present is unlikely to inherit. absente reo (abs. re.) [with] the defendant being absent: Legal phrase denoting action "in the absence of the accused". absit iniuria: absent from injury: i.e., "no offense", meaning to wish that no insult or injury be presumed or done by the speaker's words.
Herbert Broom′s text of 1858 on legal maxims lists the phrase under the heading ″Rules of logic″, stating: Reason is the soul of the law, and when the reason of any particular law ceases, so does the law itself. [9] ceteris paribus: with other things the same More commonly rendered in English as "All other things being equal."
Federal prosecutors announced Tuesday that a New York tax preparer known as 'the Magician" pled guilty to filing thousands of false tax returns.
Civil Law in some jurisdictions (Quebec, Canada) does provide for such an automatic right unless a property is sold "without guarantee" as to its quality. However, if a latent defect is discovered, there is often a presumption against the seller when a claim is made in misrepresentation that the seller knew about the latent defect.