301. Purchaser's duty of disclosure.

A purchaser of land need not disclose to the vendor his knowledge of the existence1 or value2 of minerals3 in the land unless he is in a fiduciary position towards the vendor4. If, however, a purchaser has wrongfully worked minerals under the land he must disclose the working to the vendor before contracting to buy, failing which the vendor will be entitled to refuse to complete the contract5. Any attempt by the purchaser to mislead or hurry the vendor may be a ground for refusing specific performance of the contract

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