Any individual or body corporate can lodge a caveat over a
specific property, however, in order to be able to lodge a
caveat it is essential that you have a caveatable
interest. Without a caveatable interest, your caveat is
unlikely to survive scrutiny by a Court and that may have
consequences.
That then begs the question, what is a caveatable interest and
more importantly, what is not?
What is a caveatable interest?
Caveatable interests come in many forms but the prevailing theme
is that in order for a caveatable interest to exist, the caveator
must have some current legal or equitable interest in the land.
Some common examples of caveatable interests are as follows:
- a purchaser under a contract for sale;
