Land Use & Zoning
In Arizona, a 'Caveat Emptor' ('buyer beware') doctrine in real property sales has been:
AFully preserved—Arizona buyers purchase entirely at their own risk
BSignificantly modified by Arizona's disclosure requirements and the duty of agents to disclose material facts✓ Correct
CEliminated—sellers must warranty every aspect of the property
DApplied only to commercial property sales
Explanation
While caveat emptor historically placed risk on buyers, Arizona's SPDS requirements, agent disclosure duties, and consumer protection laws have significantly reduced buyer-beware risk, shifting the burden of disclosure to sellers and agents.
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