Caveat Emptor | Caveat Emptor Meaning | Caveat Emptor Maxim | Latin Maxim | Legal Maxim

🔴 Meaning of Caveat Emptor ---

🫵🏻 Caveat emptor is a Latin phrase that means "let the buyer beware."
🫵🏻 The principle of caveat emptor is sometimes used in legal contracts as a type of disclaimer.
🫵🏻 A caveat emptor disclaimer precludes post-purchase disputes despite the seller having more information than the buyer about the quality of a good or service.
🫵🏻 Caveat emptor is more often accepted in real estate transactions, and in some states than others in the U.S.
🫵🏻 The U.S. has generally shifted from caveat emptor to caveat venditor, or, "let the seller beware."

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