Abstract:

The caveat emptor doctrine has been of great importance in US law in terms of sales of real estate. The origin of the doctrine dates back to Rome. However, it has appeared in US law since the sixteenth century. Under the doctrine of caveat emptor, the buyer must exercise caution when purchasing a property. The seller will not be held responsible for any damages that the buyer could not discover due to not being careful. This doctrine is rather in favor of the seller. However, with modern developments and intensification of urbanization, this doctrine has begun to be disrupted. As a result of the decisions of the US state courts, the responsibility has been shifted from the buyer to the seller. However, the scope of application of the doctrine has not completely ended. In some states, the doctrine of caveat emptor, which accepts that the responsibility lies with the buyer, is still applied. In the study, the concept of caveat emptor, its history and erosion within the scope of US law are generally mentioned.

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