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ContractsRedhibitionHARD

A Louisiana seller who knowingly conceals a redhibitory defect may be liable for:

Correct Answer

B) Return of the purchase price, damages, attorney fees, and other losses caused by the defect

A seller in bad faith who knows of a defect and fails to disclose is liable for rescission (return of price), damages, attorney fees, and expenses. Even an as-is clause may not protect a bad-faith seller under Louisiana law.

Answer Options
A
The sale price only
B
Return of the purchase price, damages, attorney fees, and other losses caused by the defect
C
Nothing if the buyer signed an as-is waiver
D
A fixed $5,000 fine

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Related Topics & Key Terms

Related Topics:

redhibitionas-is clauseproperty disclosureCivil Code Art. 2545rescission

Key Terms:

redhibitionbad faithCivil Code Art. 2545as-is clauserescissionattorney fees
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