Does the principle of buyer beware apply to real estate purchases?
British Columbia, Canada
The following excerpt is from Baugh et al v. Westcoast Endeavours ULC, 2019 BCCRT 825 (CanLII):
16. Except for matters that must be disclosed on a Property Disclosure Statement, which do not apply here with respect to the laundry machines, the principle of “buyer beware” generally applies to real estate purchases, and the onus is on the purchaser to determine the state and quality of the property. However, buyer beware does not apply when a vendor makes a fraudulent misrepresentation about the property: Cardwell v. Perthen 2006 BCSC 333.
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