Where a purchaser has viewed the property to his satisfaction before offering, but a survey reveals significantly less land than what was alleged by the vendor, the purchaser may accept it with abatement, or walk away from the sale.

Question

Quizplus · Accepted Answer

This situation involves a discrepancy between what was represented by the vendor and the actual condition of the property as revealed by a survey. The purchaser, upon discovering the discrepancy, may either renegotiate the terms of the sale to reflect the reduced value of the property (accept it with abatement) or choose to terminate the agreement and walk away from the sale, as the property does not meet the conditions as represented at the time of the offer.

Where a Purchaser Has Viewed the Property to His Satisfaction