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3. As to concealment and disclosure of advantages by the purchaser |
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This section is from the book "A Compendium Of The Law And Practice Of Vendors And Purchasers Of Real Estate", by J. Henry Dart. Also available from Amazon: A compendium of the law and practice of vendors and purchasers of real estate.
A purchaser need not disclose any fact, unknown to the vendor, which increases the value of the property itself; e. g. the existence of a mine (w).
But anything, even a mere word, which tends to mislead the vendor upon such a point, will deprive the purchaser of the assistance of a Court of Equity (x).
And a purchaser is bound, in Equity, to disclose any fact, unknown to the vendor, which increases his interest in the property; e. g. the actual (y) or imminent (z) death of a prior life tenant.
 
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abstract, agreement, purchase, conveyance, vendors, rights, sales, performance, deeds, incumbrances, purchasers, breach of contract, contracts, real estate
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