23 May Can a seller outright lie to a buyer in a caveat emptor state?
I am thinking of buying a house in a caveat emptor state. No realtors. I have bought and sold many homes over the years.
If I ask the seller a direct question regarding the condition of the home…like "Does the furnace work?" are they required to tell me the truth? Or does caveat emptor mean they can lie and I need to figure it out?
The house I want to buy has an ongoing insurance dispute about an issue. The seller has been evasive about the issue. If I request a written statement about that particular issue, must they tell the truth or be held accountable…or do I just need to figure it out, regardless of what they say.