What is a Purchaser’s Caveat?January 14th, 2020
We recommend that a Caveat be lodged in the Titles Office to protect your interest as purchaser. By doing so, you will be telling anyone else who tries to deal with the property that your rights come first. If you do not have a caveat on the title, there is nothing to stop the Vendor from selling or mortgaging the property, nor to stop someone else making a claim to it.
We believe that the cost of a caveat is well worth the peace of mind it offers.