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What is a caveat notice?

Updated by SLA 5 found this helpful

Once a caveat is lodged and accepted by SLA, a caveat notice will be sent in accordance with Section 117 of the Land Titles Act. A caveat notice will usually be served on the following persons :  

  1. the owner of the property; and
  2. the buyer of the property if -  

(i) the financial institution which granted a loan to the buyer lodges a caveat; or 
(ii) the CPF Board which released the CPF funds from the buyers CPF account(s) lodges a caveat.

Topics:

Registration of Property TransactionCaveats

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