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Real Estate Glossary

Caveat Emptor

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Written by Luis Escobar

Translated from Latin, this phrase reads, “Let the buyer beware.” It is a reminder to buyers to complete their due diligence when purchasing a particular property. So long as the seller tells the truth about the state of the property the buyer is looking into, they are protected from any liability should the property not meet the buyer’s expectations.

Translated from Latin, this phrase reads, “Let the buyer beware.” It is a reminder to buyers to complete their due diligence when purchasing a particular property. So long as the seller tells the truth about the state of the property the buyer is looking into, they are protected from any liability should the property not meet the buyer’s expectations.

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Luis Escobar

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