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Does caveat emptor mean a New York seller has no duty to disclose?
No. That statement is too broad. Section 462 imposes an affirmative disclosure duty for covered transfers, and federal lead-disclosure rules may also apply. Counsel must evaluate other duties and exemptions for the specific transaction.
From the seller playbook: Seller Disclosure Obligations in New York - A Safe Operating Rule
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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