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Contracts ConveyancingWAHARD

A buyer in WA discovers after settlement that the seller failed to disclose a known structural defect. Under WA law, what remedy might the buyer pursue?

Correct Answer

B) The buyer may seek rescission or damages for misleading or deceptive conduct under the Australian Consumer Law

While caveat emptor (buyer beware) generally applies in WA property transactions, a seller who actively conceals or fails to disclose a known material defect may be liable for misleading or deceptive conduct under the Australian Consumer Law. The buyer may seek rescission of the contract or damages.

Answer Options
A
No remedy is available as the principle of caveat emptor applies absolutely
B
The buyer may seek rescission or damages for misleading or deceptive conduct under the Australian Consumer Law
C
The buyer can only claim against Landgate's indemnity fund
D
The buyer must accept the defect and cannot take any legal action

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Related Topics & Key Terms

Key Terms:

caveat emptormisleading conductAustralian Consumer Law
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