Caveat emptor – this legal term means: “Let the buyer beware” It finds application in the Commercial Law, where states that the buyers should examine and check for themselves things which they intend to purchase and that they cannot later hold the seller liable  for any visual shortcomings/defects of thepurchased good or item. It origins from the word “caveat” that literally means: “Let him beware”. In other words, it is a formal warning; a notice given to the Registry that effectively prevents action by another party without first notifying for it the party entering the caveat. The role is to protect their interests.