Contracts
The doctrine of 'caveat emptor' ('let the buyer beware') has been significantly limited in Alabama residential real estate by:
AAREC regulations requiring all inspections
BSellers' obligations to disclose known material defects✓ Correct
CThe Uniform Commercial Code
DFederal RESPA requirements
Explanation
While caveat emptor historically placed the burden of discovery on buyers, Alabama imposes duties on sellers and their agents to disclose known material defects, limiting the application of this doctrine.
Related Alabama Contracts Questions
- If a seller accepts a buyer's offer by email without any changes, which of the following best describes the contract status?
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