Important Legal Definitions
Explore legal terms, clear definitions and practical examples.
Caveat Emptor as a Pleading
Jurisdictional & Appellate Practice Terms
Definition
The formal procedural defense raised by a defendant seller in a contract or commercial property suit asserting that the plaintiff buyer failed to exercise ordinary prudence and due diligence before executing the purchase.
Example
A buyer sues a commercial seller alleging the purchased warehouse lacked municipal drainage connections; the seller pleads caveat emptor, pointing out that the buyer inspected the physical site three times before signing the agreement.