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?
I’m John Gallagher from Argon Law and in this video I would like to talk to you
about caveats.
You cannot lodge a caveat just because you feel you have been wronged or if you have loaned money
and have not been repaid.
In order to lodge a caveat, you must have
what is known as a "caveatable interest" in the land of question
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registered, such as a mortgage, unless the caveat is withdrawn, removed, lapses or is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.
If you would like more information please
visit our website or give us a call.
Talk to us – we are here to help.
