Buyer Seeks Contract Rescission Over Undisclosed Property Defects

An individual, having contracted for the sale of property, sought to rescind the contract due to alleged defects discovered after signing but before the final deed, arguing that the seller failed to disclose known issues that substantially diminished the property's value, constituting fraudulent misrepresentation under the civil code. The court of last resort partially overturned the lower court's decision, reasoning that while the seller's failure to disclose certain known defects could indeed form the basis for challenging the sale due to a breach of the duty of good faith inherent in contract negotiations and execution, the specific remedies sought by the buyer required further factual determination regarding the severity of the defects and whether they amounted to a complete failure of the expected benefit of the bargain, thereby warranting annulment rather than mere price reduction.