1. There are 4 types of caveats: Registrar’s Caveats, Private Caveats, Lien-holder’s Caveats and Trust Caveats.
2. A caveat is a notice given by a party concerning the title of land. It is a registration that claims you have an estate or interest in that land.
3. Once a caveat is registered, it prevents others from dealing with that estate or the interest claimed; it is however not a remedy by itself, merely a form of temporary protection.
4. Unregistered mortgage, a lease, a purchaser’s lien and an equitable charge are some of the examples of when you can lodge a caveat.
5. If you wrongly lodge a caveat, you may be liable for any financial loss caused by the caveat, such as the price difference the land could have been sold if it had not been stopped by the caveat.
