Editing Caveat emptor (section)

==== Real estate ====
The modern trend in the U.S. is that the [[Implied warranty|implied warranty of fitness for a particular purpose]] applies in the real-estate context to only the sale of new residential [[House|housing]] by a builder-seller and that the ''caveat emptor'' rule applies to all other real-estate sale situations (e.g. homeowner to buyer).<ref>See ''[[Stambovsky v. Ackley]],'' 572 N.Y.S.2d 672 (N.Y. App. 1991).</ref> Other jurisdictions{{which|date=June 2016}} have provisions similar to this.