Georgia Maintains the Rule of “Buyer Beware”, Caveat Emptor

Purchasers of high rise condominiums thought they paid extra for great views as advertised in Atlanta, and claimed the sales persons promised any future developments would be low or mid-rise buildings, while in fact the developer was proceeding with plans to erect another high rise that would eventually block the purchasers’ view. However, the documents signed by purchasers stated the view may change over time due to additional development and further stated that no oral representations were binding and all terms of the sales agreement were included solely in the written document. Since the purchasers could not show they were prevented by sellers from reading the documents, and they had the opportunity and ability to read and understand the documents, they could not back out of the purchase although their spectacular view slowly vanished behind the new building.