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ARTICLE · 24 SEPTEMBER 2013

Property litigation – extending or removing caveats on property

Colin Biggers & Paisley
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In conveyancing, you need to take steps quickly if you are acting for someone who needs to stop a caveat from lapsing.

AustraliaReal Estate and Construction
Leanne Walker
Leanne Walker

In brief – What conveyancers should know about caveats and lapsing notices

In conveyancing, you need to take steps quickly if you are acting for someone who needs to stop a caveat from lapsing.

Lapsing notices need to be dealt with properly and promptly

Lapsing notices are an aspect of the conveyancing process that requires particular expertise and speed. The exposure is also high, with the potential for the conveyance to fall apart if it is not dealt with properly.

The real issues arise when you need to stop a caveat from lapsing, in other words, extend a caveat.

I have put together a list of tips that you should be aware of if you are acting in this area. If you are a licensed conveyancer, you will probably see these issues arise in possibly four scenarios, which I will go through briefly.

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