"Let the buyer beware." The buyer must examine the goods or property and buy at his own risk, except for latent defects.
A Latin phrase and legal concept meaning, “Let the buyer beware.” It implies a responsibility investors have to perform due diligence to understand all aspects of an investment before committing to a transaction.
Latin for "buyer beware." This rule generally applies to all sales between individuals. It gives the buyer full responsibility for determining the quality of the goods in question. The seller generally has no duty to offer warranties or to disclose defects in the goods.