why caveat emptor principal is not fully valid in the present scenario
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Yes. A buyer should always have a title examination performed by a professional and representation by an attorney who specializes in real estate law.
Deception. Fraud. Cheating. Worthless merchandise, or merchandise worth less than the price charged. Problems with the product. Misrepresentation. Failure to disclose. The saying means that it is up to the buyer to be on the lookout for any problems and not up to the seller to call attention to them.