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

Correct Answer

D) It stops registration of dealings inconsistent with the interest the caveator claims

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 of the land to the caveator once it is lodged at Landgate
B
It discharges existing mortgages so that the caveator's interest ranks first
C
It guarantees that the caveator will receive the property when settlement occurs
D
It stops registration of dealings inconsistent with the interest the caveator claims

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Related Topics & Key Terms

Key Terms:

caveatLandgateTransfer of Land Act 1893
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