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What is the primary purpose of a caveat lodged against a property title?

Correct Answer

B) To prevent dealings with the property until a claim is resolved

A caveat is lodged to protect a person's interest in land by preventing any dealings or transactions with the property until their claim or interest is properly resolved. It acts as a 'stop' on the title to maintain the status quo.

Answer Options
A
To transfer ownership of the property
B
To prevent dealings with the property until a claim is resolved
C
To register a mortgage against the property
D
To update the property's postal address

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Related Topics & Key Terms

Key Terms:

caveatTorrens titleprevent dealingsprotect interestReal Property Act
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