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Hi, i live in New Zealand and am a Property Valuation student (in some countries this is called a 'valuator' or 'appraiser'. Be warned that dependin on where u live these legal terms may have different definitions.

some definitions for 'caveat' that i found on wikianswers:

  • A warning or caution: "A final caveat: Most experts feel that clients get unsatisfactory results when they don't specify clearly what they want" (Savvy).
  • A qualification or explanation.

Law. A formal notice filed by an interested party with a court or officer, requesting the postponement of a proceeding until the filer is heard.

a definition from Bayleys real estate (a large property realtor in NZ): 'a legal document which, when lodged with the Land Registry Office, gives the caveator the opportunity of protecting an existin right or of establishing an existin claim in property'. (property probably in the terms of property rights, not simply physical real estate). ...'the most common form: caveats against dealings in the land concerned. in effect, while the caveat is in place, it forbids any dealings in the land from being registered'

my idea of what it is: maybe 'dealings in the land' relate to mortgaging, sellin, buyin or using it as collateral for a loan?

i know this is an incomplete discussion but i anyway!

cheers

frankie

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Q: What is a caveat over land?
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