Buyers Beware. Sellers Beware.

Buyers Beware. Sellers Beware.

Buyers Beware. Sellers Beware. The lessons to be learnt from Patarkatsishvili and Hunyak -v- Woodward-Fisher. The principle of “caveat emptor” – let the buyer beware, has long been a guiding tenet in the context of property transactions. The principle places the onus on a buyer of property to find out everything it wants or needs to know about the property, before buying it or becoming committed to buying it.  However, the case of Patarkatsishvi…