Cases in Which Cancelling the Transaction or Demanding Price Difference is not with the Existence of Defect
Issue No.1818- In the following few cases the buyer cannot terminate the transaction, even if there is defect in the property, nor can he claim the difference between the prices of the sound and defected property:1) If at the time of purchasing the property, he is aware of the defect in it.2) If he later accepts the defect in the property.3) If at the time of concluding the contract, the seller says he sells that property with whatever defect it may have. However, if he specifies a defect and says that he is selling that property with that defect, and it transpires later that it has another defect; the buyer may terminate the transaction.4) If at the time of concluding the contract, the buyer says that if the property has a defect, he will not terminate the transaction, nor will he claim the difference between the prices.
