Lorio v. Kaizer

BARHAM, Justice.

This is a suit in quanti minoris for diminution in the purchase price of the *635property bought by the Frasers from the Amelings.1 This is an action akin to red-hibition on the warranty against the vices in the thing sold that is imposed on the vendor by law. La.Civ.Code Arts. 2475, 2476, 2520, and 2541. A summation of the theory of the law is that the vendee seeks a reduction in the purchase price in the amount expended to repair the defect or vice in the realty purchased because that defect or vice diminished the value to such an extent that had the vendee been aware of the…