HOW MUCH WILL AN iMPORT AFFECT A lUGES' VALUE

cirelaw · 06-15-2007, 05:50 PM

Its a perfect Moot Court scenario, In most all jurisdiction, a seller has a duty to disclose those unknown defects or latent difects, but not patent or visable to a resonable buyer, The litigation occurs when there is disagreement whether an import mark is a defect at all, .thou not in this case, especially where there is an agreed upon, inspection period, If the buyer insists they want it then, there, write up a sales contract, even on a cocktail napkin, writing out the terms and whether your selling as is, Any defects that you alone are aware must be delinated, No lawyer, just common sence, I would advise my client and friends to pick up a simple purchase agreement at staples or a legal form site, REMEMBER AS IS, BOTH PATENT OR LATENT DEFECTS OR WEAR.

06-15-2007, 05:50 PM	#6
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,138 Times in 2,176 Posts	Its a perfect Moot Court scenario, In most all jurisdiction, a seller has a duty to disclose those unknown defects or latent difects, but not patent or visable to a resonable buyer, The litigation occurs when there is disagreement whether an import mark is a defect at all, .thou not in this case, especially where there is an agreed upon, inspection period, If the buyer insists they want it then, there, write up a sales contract, even on a cocktail napkin, writing out the terms and whether your selling as is, Any defects that you alone are aware must be delinated, No lawyer, just common sence, I would advise my client and friends to pick up a simple purchase agreement at staples or a legal form site, REMEMBER AS IS, BOTH PATENT OR LATENT DEFECTS OR WEAR.