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What happens to a property owner's rights when a caveat is lodged against their title?

Correct Answer

B) They can continue to occupy but cannot deal with the property until the caveat matter is resolved

A caveat prevents dealings with the property such as sale, mortgage, or transfer, but does not affect the owner's right to occupy and use the property. The caveat protects the caveator's claimed interest while the matter is resolved through legal proceedings or agreement.

Answer Options
A
They lose all ownership rights until the caveat is removed
B
They can continue to occupy but cannot deal with the property until the caveat matter is resolved
C
They must immediately sell the property to satisfy the caveator's claim
D
They retain full rights as the caveat only affects future purchasers

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Related Topics & Key Terms

Key Terms:

caveatdealingsTorrens systemregistered proprietoroccupation rights
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