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Property LawTorrens Title SystemHARD

Under the Real Property Act, when can a caveat be lodged against Torrens title land?

Correct Answer

B) Only when someone claims to have an equitable or legal interest in the land

A caveat can only be lodged by someone claiming a legitimate legal or equitable interest in the land itself, such as under a contract of sale, mortgage, or beneficial interest. Financial interests alone or general objections to development do not provide sufficient grounds for lodging a caveat.

Answer Options
A
Whenever someone has a financial interest in preventing sale of the property
B
Only when someone claims to have an equitable or legal interest in the land
C
When there are unpaid debts secured against the property owner
D
Whenever someone objects to proposed development on the land

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Related Topics & Key Terms

Key Terms:

caveatcaveatable interestequitable interestlegal interestReal Property Act
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