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Caveats are an important tool to protect interests in land. But what exactly is a #caveat? If someone owes you money does this entitle you to lodge a caveat?
You cannot lodge a caveat where you feel you have been wronged or if you have loaned money and have not been repaid. In fact, there are penalties for lodging a caveat without reasonable cause.
In order to lodge a caveat, you must have what is known as a "caveatable interest". Whether you have a “caveatable interest” can be technical and you should obtain legal advice to establish if you have an interest in the land prior to lodging a caveat.
Once lodged, the caveat will prevent the property from being sold or any other dealing being registered, such as a mortgage, unless the caveat is withdrawn, removed, lapses or is cancelled.
It is important to understand the risks associated with lodging a caveat before doing so.
We have extensive experience in advising clients on what constitutes a caveatable interest and what is required to register or remove caveats from the land register.
Do you require legal advice? Contact Argon Law via the links listed below.
You can find us at [ Ссылка ].
Please feel free to contact us at enquiry@argonlaw.com.au / 07 5443 9988
Follow us on Facebook @ArgonLaw
Do you require legal advice? Contact Argon Law via the links listed below.
You can find us at [ Ссылка ].
Please feel free to contact us at enquiry@argonlaw.com.au / 07 5443 9988
Follow us on LinkedIn @ArgonLaw
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