What is stopping someone from just putting a caveat on a property and being a pest? I know you can get rid of a caveat but say I want to sell my house if someone wants to be a pest cant they delay the sale process/dissuade potential bidders by putting on a false caveat? In the end of the day, all you have to do is fill out a form and register it with the land titles office, no one checks the validity do they?
propertyboy wrote:In the end of the day, all you have to do is fill out a form and register it with the land titles office, no one checks the validity do they?Who told you this? i wish it was this easy …would make some of my caveat deal easier lol
Regards
MichaelMick C | Shape Home Loans
http://www.shapehomeloans.com.au/
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What state?
The people at land titles do a premilinary assessment and wouldn't like any one lodge without at least listing a valid reason. But they wouldn't check the reason. eg. Your ex-lover, Propertygirl could lodge one listing the family law act. But they would have no basis to see she was only a girlfriend of 1 week.
You would have to apply to the courts to have the caveat removed. And could sue for costs if there was no basis for it.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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