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Property LawWAMEDIUM

A caveat lodged on a WA property title serves what primary purpose?

Correct Answer

B) It prevents registration of any dealing inconsistent with the caveator's claimed interest

A caveat is a statutory injunction that prevents Landgate from registering any dealing that is inconsistent with the interest claimed by the caveator. It does not transfer ownership but protects the caveator's claimed interest until the matter is resolved.

Answer Options
A
It transfers ownership to the caveator
B
It prevents registration of any dealing inconsistent with the caveator's claimed interest
C
It guarantees the caveator will receive the property at settlement
D
It extinguishes all existing mortgages on the property

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Related Topics & Key Terms

Key Terms:

caveatLandgateTransfer of Land Act 1893
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