(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.
