Apart from the seller providing due diligence materials, representations (or the lack of) could perhaps be included as warranties in the sale and purchase agreement for better buyer protection?
As well as the use of Warranty and Indemnity (W&I) insurance to provide cover for losses arising from a breach of a warranty and indemnity claims, as well as having independent third parties (i.e. insurer/underwriter) to seek further information from the seller during the underwriting process – which indirectly benefits the buyer.
