
For over three decades, the legal principle "caveat emptor" hasn't been as absolute of a concept as it once was thanks to the 1985 Florida Supreme Court's ruling in Johnson v. Davis. Even when Florida homes are sold with an "As-is" clause, sellers aren't relieved of disclosure duties under Florida state law. Sellers still have to let buyers know about material defects that they are aware of concerning their Florida home for sale. Of course, this disclosure is absolutely no replacement for a … Continue reading...