Professional Liability of Abstracters

Roady, Jr., Thomas G.

Journal: Vanderbilt Law Review

Volume: 12

First Page: 783

Year: 1959

Bluebook Citation: 12 VAND. L. REV. 783 (1959)

Author: Jr Thomas G. Roady: all 7 publications


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Abstract

One of the most vigorous rules in the law of conveyancing is that a vendee of real estate assumes the risk of all defects in title discovered after delivery of the deed. In short, the doctrine of caveat emptor applies with full force to the purchaser and to protect himself as fully as possible he must insist that the transaction proceed in such a manner as to give him recourse against someone should he sustain a loss by reason of the title risk taken or he must proceed in a manner that will eliminate (or at least minimize) the risks taken.

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