Case Study – Emptio Venditio – Roman Law

Description

In this episode of The World of Contracts, we delve into Emptio Venditio, the Roman contract of sale, through a case study involving hidden defects in a land deal. We discuss Caveat Emptor, the buyer’s duty of care, and the legal remedies available when sellers fail to disclose significant defects. Learn how Roman law provided buyers with options like Actio Redhibitoria (rescinding the sale) and Actio Quanti Minoris (seeking a price reduction), and how these principles continue to influence modern real estate transactions.