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Are aedilitian remedies available to the buyer sufficient?

Anonymous

∙ 12y ago

Updated: 12/7/2022

The question refers back to an ancient Roman law first used, and common in the "marketplace," it applies to the remedy buyers had against sellers for defects found in slaves and livestock after the sale.

Wiki User

∙ 12y ago

What else can I help you with?

What is the seller's compensations if buyer does not keep his agreement to purchase real estate?

There are remedies available to the Seller if a buyer does not purchase the real estate as agreed in a written, fully executed contract. These are only available to the seller if the buyer has signed the contract and there are no limiting conditions such as a financial clause, inspection clause, due diligence period, etc. If the buyer breaches the contract the seller may sue to keep the buyer's deposit, sue for damages caused by the buyer breaching the contract, and may also sue for "specific performance" which would force the buyer to purchase and close on the real estate.

If buyer changes mind on home purchase which does not fall within the contract what remedies does the seller have regarding the signed contract?

The seller is interested in selling the property and not getting into a legal battle over breach of contract. Keep the deposit and move on to the next buyer.

Does a real estate agent have to disclose the name and address of sex offenders to a customer?

In most states in the US they do not have to disclose the presence of sex offenders to a buyer. The reasoning behind this is that this information is available on the internet and if that is an issue for a buyer, the buyer should do his own research.

What is recto law?

Article 1484 incorporates Act No. 4122 better known as "Recto law" or installment sales law, in which the vendor can exercise the following remedies. 1. Exact fulfillment, should the buyer failed to pay any installments 2. Cancel the sale, should the buyer's failure to cover two or more installments 3. Foreclose the chattel mortgage on the thing sold if one is constituted, should the buyer's failure to cover two or more installments. *The remedies are recognized as alternatives and not cumulative, should the buyer chose to foreclose the chattel mortgage he/she cannot exercise the other two remedies *The rationale of the law is to prevent the abuses in terms of chattel mortgages where the buyer can buy the property at a lower price in the foreclosure sale. It also aims to correct the evil created by desire for luxury by means of buying personal property without sufficient means *The provision is also applicable to financing transactions derived or arising from sale of movables on installments.

Are there any guides available for first time home buyer assistance?

There are many different suggestions available to a first-time home buyer. For one seeking a guide or further assistance, one might visit with a local real estate agent or visit the HUD website.

Are dr brown baby bottles the best?

It is a matter of personal opinion and where the buyer lives.Personally, no. based on the fact that they are not available in the country I am. A good product is available worldwide.

Is the first time home buyer credit still in effect and if so how for how long?

Yes, the first time home buyer's credit is still available, and will be so until April 2010 (http://www.federalhousingtaxcredit.com/).

How do you find your hp laptops model?

buyer can choice laptop online with details and also price tags are available.

Are grants for homebuyers available online?

Yes. Quicken loans offers them as well as home buyer funds. The US government has grants available that you can apply for online as well.

Can a vehicle be reposessed for no insurance coverage?

Yes, Almost every Auto finance contract requires the buyer to carry Full coverage auto insurance for the term of the finance note. Failure to company with the terms of the finance contract you signed is a default on the part of the buyer and subjects the vehicle to repossession and other remedies at the disposal of the finance company.

What are the different type of buyer?

need buyer excitement buyer like buyer prestige buyer

What are the some appropriate remedies for a supplier failure to perform?

Appropriate remedies for a supplier's failure to perform include seeking damages for any losses incurred due to the breach, demanding specific performance to compel the supplier to fulfill their obligations, or terminating the contract altogether. Additionally, the buyer may seek alternative suppliers to mitigate the impact of the failure. It’s essential to review the contract for any stipulated remedies or dispute resolution procedures that may apply.

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