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(25.01.08) High Court Decision Affects the Purchase of Property

Most purchasers of real estate do not see the need to lodge a caveat on the vendor’s title. A Caveat gives notice of a purchaser’s interest but it also places an embargo on a vendor dealing with his or her own land prior to completion of the purchase. This traditional view of purchasing property will definitely change as a result of the decision in the High Court on 1 August 2007.

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