Liability of Vendors, Builders and Lessors for Defective Premises
What is the liability, if any, of vendors, builders, or lessors of defective premises? Let’s take a look. Contract-liability of vendor and lessor Caveat emptor is the contractual rule that prevails. Caveat emptor means “buyer beware”, therefore if you are a buyer you need to carry out your own enquiries and inspections, for neither the … Read more