Caveat emptor ( /ˌkæviːɑːt ˈɛmptɔr/) is Latin for "Let the buyer beware" (from caveat, "may he beware", the subjunctive of cavere, "to beware" + emptor, "buyer").
Generally, caveat emptor is the property law principle that controls the sale of real property after the date of closing.
Read more about Caveat Emptor: Explanation, Caveat Venditor
Famous quotes containing the words Caveat Emptor:
“As a particularly dramatic gesture, he throws wide his arms and whacks the side of the barn with the heavy cane he uses to stab at contesting bidders. With more vehemence than grammatical elegance, he calls upon the great god Caveat Emptor to witness with what niggardly stinginess these flinty sons of Scotland make cautious offers for what is beyond any question the finest animal ever beheld.”
—Administration in the State of Arka, U.S. public relief program (1935-1943)