Contracts
In South Carolina, 'caveat emptor' (buyer beware) in real estate has been largely replaced by:
AComplete seller immunity from disclosure
BStatutory disclosure requirements and seller liability for known material defects✓ Correct
CBuyer-conducted inspections with no legal protection
DStrict liability for all property conditions
Explanation
The traditional caveat emptor doctrine (buyer beware) has been significantly modified in South Carolina by disclosure laws. Sellers must complete the SC Residential Property Condition Disclosure Statement, and agents must disclose known material defects.
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