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CAVEAT EMPTOR.
Let the purchaser take heed; that is, let him see to it, that the title
he is buying is good. This is a rule of the common law, applicable to
the sale and purchase of lands and other real estate. If the purchaser
pay the consideration money, he cannot, as a general rule, recover it
back after the deed has been executed; except in cases of fraud, or by
force of some covenant in the deed which has been broken. The
purchaser,if he fears a defect of title, has it in his power to protect
himself by proper covenants, and if he fails to do so, the law provides
for him no remedy. Cro. Jac. 197; 1 Salk. 211 Doug. 630, 654; 1 Serg.
& R. 52, 53 , 445. This rule is discussed with ability in Rawle on
Covenants for Title, p. 458, et seq. c. 13, and the leading authorities
collected. See also 2 Kent, Com. Lect. 39, p. 478; 2 Bl. Com. 451; 1
Stor , Eq. 212 6 Ves. 678; 10 Ves. 505; 3 Cranch, 270; 2 Day, R. 128;
Sugd. Vend. 221 1 Bouv. Inst. n. 954-5.
2.
This rule has been severely assailed, as being the instrument of
falsehood and fraud; but it is too well established to be disregarded.
Coop., Just. 611, n. See 8 Watts, 308, 309.
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