Caveat Emptor in Sales of Realty--Recent Assaults Upon the Rule

Bearman, Jr., Leo

Journal: Vanderbilt Law Review

Volume: 14

First Page: 541

Year: 1961

Bluebook Citation: 14 VAND. L. REV. 541 (1961)

Author: Jr Leo Bearman: all 1 publication


Citation analytics

How this journal article sits in the citation network, derived from CiteLaw's graph of published opinions.

Frequently CitedTop 25% most-cited · cited by 10 decisions
10
Citing decisions
6+
Courts citing

Citations by decade

3
7
1960s1970s

Courts citing this journal article

N.J.3
Conn. Super. Ct.1
Ill.1
Ind.1
Ind. App.1
N.C.1
Most recently cited by10

Counts reflect decisions in the CiteLaw corpus and may lag very recent opinions.


Abstract

While caveat emptor is still ostensibly the law applicable to sales of realty in every common law jurisdiction, it no longer effectively protects the builder-vendor. In many instances he is now being held liable for damages or rescission for failure to meet what is in result, if not in fact, an implied warranty of good quality and fitness for purpose when he sells a newly constructed home. The expansions of previously settled doctrine by the courts to reach this result have occurred in the areas of implied warranty itself, and in the areas of express warranty, marketable title, fraud,and negligence. It is the purpose of this article first, to delineate the form and outer boundaries of this new development, by an analysis of the cases and statutes which have forwarded it, and second, to determine whether this development is a desirable one.

Further, this study records what seems to the author an interesting and rather dramatic illustration of an important characteristic of the common law itself: an instance of the courts' filling what they felt was a gap in the law's protection by the utilization of dynamic and flexible legal concepts when the more archaic and immutable ones failed them.

Chat with this journal article using AI

Ask CiteLaw's AI Navigator anything about this journal article, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.